TITLE:
Economic Analysis of the Investment in Smart Substation
AUTHORS:
Yaping Wang
KEYWORDS:
Intelligent Technology; Whole Life Cycle; Investment Economy
JOURNAL NAME:
Energy and Power Engineering,
Vol.5 No.3B,
July
31,
2013
ABSTRACT: Intelligent Substation as one of the core components
converting and managing energy within sturdy and smart power grid system
coordinates electricity generation, transformation, transmission, distribution,
usage and dispatching. In this paper, a thorough contrast was made between
intelligent and conventional substation in terms of technical deployment,
investment scale etc. Using life-span cycle technique, the economic analysis of
intelligent substation revealed some key factors that dictate economy level.
Finally, some rational proposals for decision makes to promote smart grid were
given to improve economy of intelligent substation with a reasonable
construction scale and sequence.