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Action Plans for Smart Grids

Action Plans for Smart Grids

For energy transition to occur, the existing generation equipment and power grid must be upgraded and enhanced to allow for the real-time monitoring and connection of power generation from multiple power plants and renewable energy installations. Since power generated through renewable sources is not as stable as that derived from traditional power plants, constant generation monitoring becomes necessary. This must be combined with data collected from smart meters and process using big data analytics to improve power generation forecasting. Together, these initiatives can reduce the uncertainty that comes with renewable power generation.
Additionally, recent amendments to the Electricity Act aimed at opening the market will increase the share of power generated by external sources year by year. In consequence, effective management and dispatching will be increasingly important issues that are closely tied to the development of smart grids. Through the transition, Taipower will pursue ongoing renewal of its existing coal-fired units. To mitigate against failures and decrease inspection times caused by furnace abnormalities during this process, the Company will introduce a real-time monitoring system.
To balance these challenges, Taipower has developed a series of key working items that create an optimal energy management system. Specifically, these items include the integration of renewable energy generation and an information management platform, an electricity market trading platform, and a big-data monitoring system for coal-fired units.

Action Plans for Smart Grids