Finish smart grid ethan version, took half a hour

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# Smart Grid Ethan Version
## Definition
- Definition of electrical grid:
- Power station does **generation and storage**
- Transformers, lines are the **transmission** and **distribution**
- Electricity retailer sell electricity to **consumers**
## Present state
- same as above
- Generation
- Transmission
- Distribution
- TO customer
- Industrial, commercial, residential
## Perspective
- Combine present grid grid with new technology: present + future
- Futuristic grid: reasons
- New technologies
- Customer likes improvements
- More data
- AI
- Climate change
## Challenges
- Pattern of electricity usage varies
- Renewable energy are not continuous (intermittent)
- Seasonality: Summer and winter differences
- Power plants has different responding times and prices
- Electric trading is complex (P2P electricity)
- Usage of Electric stuff: EV, IoT
- Climate change
- Network transmission need the capacity
## Electricity market
- A market mechanism to buy additional energy when demand is high, and sell when
demand is low.
- High demand and low supply causes price increase
- Low demand and high supply cause price decrease
- Introduce a exchange market, that electricity resellers and major consumers
can buy from both exchange and from power plants
## Data flow
### Intro (WTF)
- ![stuff ahh](./assets/3-ethan-smart-grid-data-flow.webp)
### Integrating data with ML
- For demand forecasting: for the demand in the long term
- Use population data, energy price, share of renewable energy and GDP to
predict future energy consumption
- Demand time series forecasting: for the demand in a time interval
- ![example 1](./assets/3-ethan-smart-grid-forecasting-1.webp)
- ![example 2](./assets/3-ethan-smart-grid-forecasting-2.webp)
## Summary
- The problems:
- Cost (Equity)
- Sustainability (Green)
- Security
## Examples
### Shell energy
- Battery and energy trading
- ![shit](./assets/3-ethan-smart-grid-shell.webp)
### TESLA
- Megapack project: stores energy for the grid reliably and safely.
- Each unit store a lot of energy, and withstands extreme weathers

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