Global Smart Grid Market Driven by Increasing Incidences of Power Loss during Distribution

Smart grid refers to the modernization of the conventional power grid, which allows for a reliable and secure electrical service. It incorporates the advantages of distributed computing and communication to provide real time information and enable momentary restoration of power. The Ssmart grid is expected to make the existing power grid smart more efficient by applying and linking seamless communication systems that, which can gather, process, and store large amounts of data. The data is then communicated to the components connected to the smart grid, allowing them to respond with an automated control. Smart grid is responsible for distribution of electricity, controlling the production of electricity, and electric power conditioning.


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SMART GRID Bulletin March 2017

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