<p>Several experts from regulatory agencies as well as the research institutes observed that various components of the network like a ‘smart’ meter would offer choices like varied pricing of electricity for consumers. <br /><br />It means that consumers can opt for high cost power or low cost power during the peak slots or non-peak slots. <br /><br />State Energy Minster Shobha Karandlaje also outlined the benefits of the system, which is capable of offering feedback about the status of power distribution to the consumer as well as the supplier. <br /><br />Energy loss<br /><br />"To bridge the gap between supply and demand in the energy chain, it is important to plug energy loss. Smart Grid is a move in this direction," she explained. <br /><br />Participants at the workshop included experts from Centre for Study of Science, Technology and Policy (CSTEP) and Central Power Research Institute (CPRI) and members of Karnataka Power Transmission Corporation Limited (KPTCL).<br /><br />Rahul Tongia, Principal Research Scientist, CSTEP, pointed out that the first phase of Mescom project has been successful. "The current power supply chain has many challenges. There are plans to scale up the Mescom project," he added. </p>
<p>Several experts from regulatory agencies as well as the research institutes observed that various components of the network like a ‘smart’ meter would offer choices like varied pricing of electricity for consumers. <br /><br />It means that consumers can opt for high cost power or low cost power during the peak slots or non-peak slots. <br /><br />State Energy Minster Shobha Karandlaje also outlined the benefits of the system, which is capable of offering feedback about the status of power distribution to the consumer as well as the supplier. <br /><br />Energy loss<br /><br />"To bridge the gap between supply and demand in the energy chain, it is important to plug energy loss. Smart Grid is a move in this direction," she explained. <br /><br />Participants at the workshop included experts from Centre for Study of Science, Technology and Policy (CSTEP) and Central Power Research Institute (CPRI) and members of Karnataka Power Transmission Corporation Limited (KPTCL).<br /><br />Rahul Tongia, Principal Research Scientist, CSTEP, pointed out that the first phase of Mescom project has been successful. "The current power supply chain has many challenges. There are plans to scale up the Mescom project," he added. </p>
