Agent based smart grid modelling

Though it is an era of technological advancement and autonomy, due to increase in population and the use of electrical equipment and electronic gadgets rising parallel yields problem of high energy consumption and demand. To meet this increasing energy demand several approaches have been developed. One approach to meet energy demand is to control energy usage by implementing energy efficient methods like micro grid and building management system. Another approach is green energy also known as renewable energy that is generated by natural resources like wind, rain and sunlight instead of conventional fuels. Wind and solar energy have gained much popularity. This paper presents a smart grid simulation model based on the combination of IT-based energy management system and green energy.