© 2020 JETIR October 2020, Volume 7, Issue 10 www.jetir.org (ISSN-2349-5162) JETIREH06023 Journal of Emerging Technologies and Innovative Research (JETIR) www.jetir.org 141 SMART METERS AND ADVANCED METERING INFRASTRUCTURE Aasima Riaz 1 , Nabeel Pasha 2 , Umme Sadiya 3 , Assistant Professor Swaroop N.S 4 1 Electrical and Electronics Department, A.I.T College, Chikkamagaluru, Karnataka, India. 2 Electrical and Electronics Department, A.I.T College, Chikkamagaluru, Karnataka, India. 3 Electrical and Electronics Department, A.I.T College, Chikkamagaluru, Karnataka, India. 4 Assistant Professor, Electrical and Electronics Department, A.I.T College, Chikkamagaluru, Karnataka, India. ABSTRACT Reducing the power supply-demand gap and increasing reliability of power supply are the challenges of current energy management. Implementation of smart grid, smart meters and smart metering can be a possible solution for power demand reduction, efficient power supply management, and optimization of management resource usages. Purpose of the paper is to discuss and analyze Smart meters. Smart meters include sophisticated measurement and calculation hardware, software, calibration and communication capabilities, particularly explain its need and basic idea behind it. Further, different characteristics features are explained in this work we discuss smart meter and various elements of smart metering, current state of the technologies related to smart grid, smart meter, advanced metering infrastructure (AMI). As a result, it is concluded that smart grid development will allow consumers to use energy effectively and thus help in security energy needs. Keywords- Smart Grid, Smart Meter, Advanced metering infrastructure I. INTRODUCTION Electricity is essential for modern society as it powers everyday life devices (e.g., computers, televisions, and telephones) as well as it powers commercial buildings, industries, Internet, etc. The demand for electric power is increasing at a high rate particularly at urban areas[1]. The target period for reaching the maximum capacity can be prolonged, if the growth of the peak demand can be slowed and the efficiency of power usages can be increased. Modern society depends tremendously on electricity, and power supply interruptions and outages have significant negative impact on the quality of lives. The great majority of electric consumers in developing countries own or lease an electromechanical meter to allow the measurement and determination of their energy bill in a given period. The meter operation is based upon a disk that rotates due to the application of a magnetic field, caused by the flow of electric current, thus being able to meter the total energy consumed. For billing purposes, electricity consumption for a given period is calculated as the difference between the current and previous meter reading. This type of meter is massively used, mainly associate in the residential and small commercial customers. Since the inception of electricity of electricity deregulation and market-driven pricing throughout the world, utilities have been looking for a means to match consumption with generation. Traditional electrical and gas meters only measure total consumption, and so provide no information of when the energy was consumed at each metered site. Smart meters provide a way of measuring this site specific information, allowing price setting agencies to introduce different prices for consumption based on the time of day and the season. Smart meters may include measurements of surge voltages and harmonic distortion, allowing diagnosis of power quality problems. Smart metering essentially involves an electronic power meter supplemented by full remote control, diagnostics, power peak and consumption analysis, anti-tampering mechanisms, fault alert, time-variable tariffs, and many more possibilities. II. SMART METER AND SMART METERING A. Smart Meter Smart meters are powerful tools and are electronic measurement devices used by utilities to communicate information for billing customers and operating their electric systems[2]. It is usually an electronic device