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Case Study Smart Technology

1. Smart grid provides information about how the consumers are using that energy, making it difficult to develop more efficient approaches to distribution. A smart grid delivers electricity from suppliers to consumers using digital technology to save energy, reduce costs, and increase reliability and transparency. The smart grid enables information to flow back and forth between electric power providers and individual households to allow both consumers and energy companies to make more intelligent decisions regarding energy consumption and production. Electricity grids will drop in peak demand, which also cause fewer expensive power plants, lowering costs and pollution. Another advantage of smart grids is their ability to detect sources of power outages more quickly and precisely at the individual household level. With such precise information, utilities will be able to respond to service problems more rapidly and efficiently.

2. Management:

1) Collect information of usage

2) Revise business strategy

Organization:

1) Redesign the electrical grid

2) Redesign work flow and job functions

3) Establish collaboration with consumers

Technology:

1) Implement networks and switches for power management;

2) Implement sensor and monitoring devices to track energy usage and distribution

trends;

3) Implement systems to provide energy suppliers and consumers with usage data;

4) Implement communications systems to relay data along the entire energy supply

system;

5) Implement systems linked to programmable appliances to run them when energy

is least costly.

3. Challenge:

1) Managing the information about users’ power usage supplied through the Web portal was an intimidating process.

2) The smart grid won’t be cheap. No one is going to pay the bill.

3) Some users might consider “smart meters”to be too intrusive.

4) Consumers may not really want to entrust energy companies with regulating the energy usage inside their homes.

4. Smart card is another great “smart” technology.

A smart card resembles a credit card in size and shape, but inside it is completely different. First of all, it has an inside -- a normal credit card is a simple piece of plastic. The inside of a smart card usually contains an embedded microprocessor. The microprocessor is under a gold contact pad on one side of the card. Think of the microprocessor as replacing the usual magnetic stripe on a credit card or debit card.

Smart cards are much more popular in Europe than in the United States. In Europe, the health insurance and banking industries use smart cards extensively. Every German