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Smart Grid Technology

Power Grid_021324A
[Power Grid - CNBC]

- Overview

Smart grid technology is a digital system that monitors, controls, and analyzes power flow between different types of generating units and consumers. It uses advanced algorithms and control systems to: 

  • Monitor grid performance
  • Detect faults
  • Optimize electricity flow
  • Respond quickly to issues like power outages or voltage fluctuations
  • Limit electrical power to the residential level
  • Network small-scale distributed energy generation and storage devices
  • Communicate information on operating status and needs
  • Collect information on prices and grid conditions

Some applications of smart grid technology include: 

  • Advanced metering infrastructure (AMI)
  • Demand response
  • Electric vehicles (EVs)
  • Wide-area situational awareness
  • Distributed energy resources and storage
  • Distribution grid management

The five components of a smart grid are: 

  • Advanced metering infrastructure (AMI)
  • Distribution automation
  • Demand response
  • Energy storage systems
  • Smart sensors and devices

The Internet of Things (IoT) supports the technology and communication required to make smart grids smart. IoT has applications for: 

  • Monitoring electricity generation
  • Gauging intelligent power consumption
  • Managing energy efficiency

[More to come ...]

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