In developing countries, there is a growing need for electricity and generating it in creative ways. India is addressing this problem by giving power to the people and turning them into prosumers. A prosumer is someone who not only consumes electricity, but also produces it, usually through solar panels, and can then sell or trade it back to the power grid.
As part of India’s Smart Grids Innovation Challenge, FIU, in partnership with the Indian Institute of Management Ahmedabad (IIMA) has been awarded a $400,000 grant for two years to develop algorithms and software-driven infrastructure to help develop India’s peer-to-peer energy transferring platform. The School of Computing & Information Sciences (SCIS), housed in the College of Engineering & Computing, is spearheading the project with the school director, S.S. Iyengar overseeing the school’s role.
“Our students are first-class researchers and this is a tremendous opportunity for them. They will be helping to shape the future of clean global energy, and setting the gold standard for what it will look like in the future – how it’s generated, stored, delivered, traded and protected.”
~ Dr. Iyengar, Distinguished University Professor, Ryder Professor, and Director
Read more about FIU to play key role in India’s energy evolution at FIU NEWS