Mini Smart Grid @ Copenhagen Business School: Prototype Demonstration

Abstract

Project Smart Grid:

The Intelligent Electrical System Is the Way Forward

In 2012 Peter Møllgaard from Department of Economics and Rasmus Pedersen from Department of IT Management initiated a new project supported by CBS Sustainability Platform. The purpose of the project is to establish an understanding of micro-economic and IT challenges related to Smart Grid technology.

The mini-smart-grid project at Copenhagen Business School (MSC@CBS) project seeks to investigate the business opportunities and issues that arise from this new technology. The project revolves around the concepts of Smart Grids, Smart Meters and prosumers. Smart Grids are a new method of managing electricity and power supply. It has not reached its full potential yet, but it offers a more interactive platform for both the consumer and the main supplier e.g. Dong Energy. The Smart Grid will collect and control the behavior of consumers and suppliers in order to make the system more effective and sustainable. The consumers or suppliers will be able to control certain appliances in their homes so that they become a resource for the system. For example, the customer or supplier can choose to switch off the freezer for 30 minutes during the night to save energy.