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Demand Response
By encouraging customers to use less electricity when there is a high demand,
demand response programs enable utilities to control peak demand. Demand response
programs have been introduced by numerous utilities in the USA, such as Con Edison,
Southern California Edison, and Pacific Gas & Electric .
Distribution Automation
In order to enable real-time monitoring and control, distribution automation entails the
installation of sensors, switches, and other technology on the distribution grid. This could
provide a quicker restoration of power in the event of an outage and help the grid become more
resilient and reliable.
Cybersecurity
To safeguard the system from cyberattacks, smart grid installation calls for strong
cybersecurity measures. In order to monitor and protect the grid from potential threats, modern
technologies and procedures must be implemented.
Energy Storage
By holding extra energy produced by renewable sources and releasing it when needed,
energy storage devices like batteries can assist in maintaining the grid's balance. As a result, there
may be a lessened requirement for fossil fuel-powered peaker plants and better integration of
renewable energy sources.
TARGETS
With the implementation of Smart Grid various target goals have been achieved which are;
State-level Programs
To promote the use of smart grid technologies, many jurisdictions have created
incentive programs. The California Self-Generation Incentive Program (SGIP), as an
illustration, offers financial incentives for the construction of energy storage systems.
Ratepayer Programs
For customers that embrace smart grid technologies like enhanced metering
infrastructure and energy storage systems, certain utilities provide ratepayer programs
that give financial incentives.
Tax Incentives
Investments in the smart grid are eligible for tax advantages from the US
government through a number of programs, including the Modified Accelerated Cost
Recovery System (MACRS) and the Investment Tax Credit (ITC).
Federal Grants
To modernize the electric infrastructure, the US government has offered
funds through grant programs including the Smart infrastructure Investment Grant
Program (SGIG). The SGIG program funded a variety of smart grid initiatives,
including enhanced metering infrastructure, distribution automation systems, and
other smart grid technology.
KEY LEGISLATIONS
Some of the key legislations for the Smart grid implementation are;
Distribution Automation ( DA )
Technology used in DA, including sensors, automatic switches, and smart
transformers, can identify and address network faults, reducing downtime and
enhancing grid dependability.
Energy Storage
As the country increases its usage of erratic renewable energy sources,
Italy has invested in energy storage technology like batteries and pumped hydro
storage to assist balance supply and demand on the system.
Advanced Metering Infrastructure ( AMI )
The majority of the nation's electricity users currently have smart meters
installed. This has made it possible to bill clients promptly and to give them access to real-
time information about their energy usage.
Demand Response
Demand response programs offer financial incentives to customers who
voluntarily cut back on their electricity use during peak hours. This lessens the load on the
grid during periods of peak demand.
TARGETS
The targets that are aimed to achieve by implementing the smart grid are discussed below;
Improved energy efficiency
By 2030, Italy wants to raise the percentage of renewable energy sources in its
energy mix from about 33% in 2019.By 2024, deploy smart meters at a 100% rate.
Enhanced grid resilience
The resilience of Italy's energy infrastructure to severe weather and other
interruptions is one of its main objectives.
Increased integration of renewable energy sources
Italy plans to boost the proportion of renewable energy sources in its energy mix
to 55% by 2030 from about 33% in 2019.Realise the full adoption of smart meters by 2024.
Decentralization of energy production
Italy wants to encourage the decentralization of energy production, concentrating
on localized renewable energy initiatives.
FINANCIAL INCENTIVES
The financial incentives for the implementation of smart grid technologies in Italy
are as follows;
EU Funding
The Horizon 2020 program of the European Union, which provides
financing for research and innovation initiatives involving smart grid technologies, is
open to Italy.
Tax Incentives
Italian businesses who invest in renewable energy and energy efficiency
projects are eligible for tax benefits, such as deductions and expedited depreciation.
Research and Development Grants
Grants for research and development are offered by the Italian government
to encourage the development of new smart grid technology. Companies and research
organizations focusing on renewable energy, energy efficiency, and smart grids
initiatives can apply for these awards.
Green Bonds
To finance renewable energy and energy efficiency projects, Italy has
issued green bonds. These bonds are meant to entice institutional and individual
investors interested in financing sustainable development to invest.
Feed-in Tariffs
Italy has put in place feed-in tariffs for renewable energy, which guarantee
a certain price for power produced from such sources. This facilitates the grid
integration of renewable energy sources and encourages the use of renewable energy
technologies.
KEY LEGISLATIONS
Some of the key legislations of smart grid implementation in Italy are given below;
Resolution 595/2016/R/eel
This resolution established standards for the construction of smart grids
in Italy, including the requirement to prioritize the grid's security and dependability,
encourage energy efficiency, and promote the use of renewable energy sources.
Legislative Decree No. 28/2011
With the intention of equipping all of Italy's electricity consumers with
smart meters by the year 2022, this decree established the country's legal framework
for the implementation of smart meters.
Ministerial Decree of 11 August 2017
This decree specified technical specifications, including the use of
standardized communication protocols and cybersecurity precautions, for the
implementation of advanced metering systems throughout Italy.
National Energy Efficiency Action Plan
Italy has created a National Energy Efficiency Action Plan that details
actions to increase energy efficiency, such as the use of smart grid technologies.
National Energy Strategy
The development of smart grid infrastructure to facilitate the integration
of renewable energy sources was included in Italy's adoption of a National Energy
Strategy in 2013, which provided a path for the country's energy transformation.
BENEFITS
Some of the major benefits Italy will achieve on implementation of smart grid technologies are;
Reduced carbon emissions
The installation of smart grid infrastructure will assist Italy's attempts to lessen the effects
of climate change by lowering carbon emissions from the power sector.
Improved grid reliability and resilience
The installation of smart grid infrastructure in Italy, including sophisticated metering
systems, energy storage, and distribution automation, is anticipated to increase the power grid's
resilience and dependability.
Improved Energy Efficiency
Smart grids make it possible to control the power system more effectively, cutting down
on energy waste and enhancing consumer behavior.
Integration of Renewable Energy Sources
Smart grids make it possible to include intermittent renewable energy sources like solar
and wind power. This will help Italy reach its goal of producing 55% of its electricity from
renewable sources by 2030.
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