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IEEE: The expertise to make smart grid a reality

The 2nd IEEE Global Conference on Signal and Information Processing

The event will start on: Dec 03, 2014
And will end on: Dec 05, 2014

Desire for a low carbon future and connected digital economy is leading to the trend of localized renewable energy generation at household and enterprise level. It is envisaged that the consumers of ​electrical energy will play a more active dual role in the future energy marketplace as the producers of energy as well. Through a reliable trading mechanism and dependable network, consumers will be able to trade their own excess renewable energy with each other in a Peer-to-Peer fashion, thus becoming energy producers as well as consumers, i.e., prosumers. There are a number of open scientific issues to be tackled in the management and control of a hybrid energy system comprising heterogeneous ​​networks of various wireless and wired technologies, end-user preferences and life-choices to seamlessly exchange information, trade energy and intelligently reshape their energy use patterns.