FUTURE ENERGY CHALLENGES, OPPORTUNITIES AND SMART-GRIDS

In this paper the author has described global energy trends, evolution of smart gridsand their technical challenges and an energy efficient future . The update of Smart Grid requires the complex integration of communications and information system with traditional power grids and networks. The overall objective is to help in identifying the future energy challenges and their solutions with reliability and sustainability. Energy security is essential for economic prosperity. This requires multidisciplinary approach by the production of energy with conventional sources as well as non- conventional sources along with integration of same with the power grids to meet out the energy challenges of 21 st century