Future of energy transition relies on prosumer-based smart grid-integrated renewable distributed generation system

Abstract

The availability of reliable power without interruption is critical for a fast and sustained economic growth. No country can develop and sustain itself beyond subsistence levels unless it has access to modern energy (electrical) services at a minimum. According to studies, despite the country's vast renewable energy potential, access to alternate unconventional types of energy is extremely limited. More than half of the world lack access to electricity and continue to rely primarily on traditional energy sources. This may be significantly advanced by incorporating prosumers in present smart-grid infrastructure to generate power with renewable distributed generation technologies to meet expanding demand while minimising environmental risk. The authors assessed the current state of awareness of the potential positive implications of the energy transition for various communities and socioeconomic groups on the frontlines of the change using a fast growing corpus of academic and policy research. © 2024, IGI Global. All rights reserved.