FinNode India 2012 - Smart Grids Smarter Power
Short description of the topic
With the tremendous demand for electricity, coupled with huge technical and commercial losses and limitations for making investments in the power generation, the only way forward for India is to harness the power of information and communication technologies to plug leakages, improve efficiency and create a Smart Grid for India which would not only meet the future electricity needs of the country but also transform the entire transmission and distribution infrastructure in the country.
To manage the development and implementation of Smart Grid, Government of India has formed two entities : India Smart Grid Task Force (interministerial group)and India Smart Grid Forum (non-profit voluntary consortium of public & private stakehokders) with complimentary roles and responsibilities.
Smart Grid Vision for India – Transform the India Power Sector to develop a secure, efficient and sustainable system by 2027 that provides reliable and competive energy to meet the needs and aspiration of all citizens through active participation of all stake-holders and innovative technologies and policies.
Through the Smart Grid India project, we will gain an indept understanding of the recent trends and developments in the adoption of smart grid concepts in India. The focus will be to identify areas and opportunities that relate to Finnish competences.
Through this project it is expected that the big picture is revealed, key players/visionaries identified, develop case studies of some identified potential opportunities and understand the future co-operation areas.
Smart Grid: A bi-directional electric and communications Infrastructure network that improves the reliability, security, and efficiency of the electric system for small- to large-scale generation, transmission, distribution, and storage. It includes software and hardware applications for dynamic, integrated, and interoperable optimization of electric system operations, maintenance, and planning; distributed energy resources interconnection and integration; and feedback and controls at the consumer level.
Goal and strategic compliance
In view of the favourable conditions through government regulations, technology innovations, low competition and high return on investment several players are entering the various segments of the Indian smart grid market , the layers being – Power layer, Communication & IT layer, Demand Response, Grid optimisation, Distributed Energy & Storage, Smart charging and V2G (Vehicle to Grid)
The key Goal of the India Smart Grid project will be –
•Indepth understanding of the recent trends and developments & likely roadmap for the next five years & familiarise with existing players in the market
•Identify direct co-relation between opportunities in Indian smart grid sector and Finnish delivery eco-system relevant to the sector.
•Case studies, including site visits, on some of the pilot projects in India
•Interviews with stakeholders and Industry participants
•Interactive sessions/workshops with key Indian/MNC companies and Government officials (with Finpro/FinNode and with Finnish Delegation if possible)
The outcome is expected to realise the FinNode ideals of identifying emerging trends and concrete opportunities that could be addressed by existing Finnish companies or by levaraging Finnish expertise available in Finnish Universities and Research centers.
Further dialogue is expected to help them create solutions that cater to the emerging needs in the Smart Grid sector in India.
Project's focus is in line with Tekes focus areas renewal by digital means and sustainable economy. The theme is in the interest areas of Tekes Groove Program, Cleen SHOK, Energy Technology OSKE and TEM.
-Main Tasks –
•Primary Research, Secondary Research
•Interviews with stakeholders & Industry Participants
•Brain storming sessions
•Moderated sessions with experts
•Site visits to few pilot projects
Project Schedule – 01/08/2012 – 31/05/2013
Project Team from Finpro – Project Manager is Rekha Salvi, Team members – Dinkar Krishnan, Shriya Ramachandran, Ashish Koltewar (In-kind resources to be added if required, on-the-go.)
Deliverables – Indian Smart Grid Landscape and emerging needs in the smart grid sector in India
Advisory Board consists of:
•Tekes Groove Program
•Finpro / Energy
•Fortum and Wartsila
•CLEEN SGEM Program (Interest of CLEEN SHOK will be sought, and brought on board based on their interest)
•Other Top 10 Finnish companies having smart grid excellence (e,g Viola systems, Empower, Basen, Fingrid, Process Vision, NSN, The Switch etc)
•India Smart Grid Forum
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