Potential of smart grid in Thailand: A development of WADE smart grid model

A World Alliance Decentralized Energy (WADE) model is a widely used economic model considering decentralized energy impacts. As our existing power grid is developed into a smart grid, an improved smart grid model is developed. By adding load dynamics effects, the model can properly represent load behaviors. The Pattaya city of Thailand is chosen as a pilot smart grid project due to a high load density and wide variety of load profiles. Two scenarios have been developed to demonstrate the benefits of the smart grid. Using the newly developed smart grid model, peak load reduction and energy savings benefits are obtained. Test results indicate the quantifiable benefits of smart grid which is very beneficial for policy and decision makers.