An Agent Based Model for Diffusion of Smart Grid Technology in the Society

Abstract

When we use the term "electric Grid", it means that a network that consists of power generation stations, high voltage transmission lines and lines that are used to distribute energy to customers. But with the increasing demand of energy these power stations and their infrastructure is unable to fulfill customer’s demand. The Smart grid is possibly a good solution to fulfill energy needs because it allows the incorporation of renewable energy resources, smart meters and user’s interaction and communication with the grid. This study aimed at introducing the idea of Smart Grid in the society to fulfill energy needs by using the Diffusion of Innovation theory. This study ends up concluding that adoption rate is based on different attributes: age, gender, education level, income, residence and work status. According to our results it is recommend that implementation of Smart Grid is helpful in a developing society for fulfillment of energy needs but first step is awareness of Smart Grid idea in the society and our research is an ultimate source for this purpose.