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Smart Grid ResearchViews
A smart grid is a modernized electrical grid that uses the electricity consumption information from behaviours of suppliers and consumers in an automated fashion to improve the efficiency, reliability, economics, and sustainability of the production and distribution of electricity

Smart grids will provide more electricity to meet rising demand, increase reliability and quality of power supplies, increase energy efficiency and allow efficient integration of low carbon energy sources into power networks. Past two years have seen rapid technological advancements and shifting priorities among industry players, as well as a clearer picture of the quantifiable benefits of smart grid technology like improved grid reliability and economics, business is booming. Falling costs for devices and communications networking, combined with the increasing emphasis on reliability and energy efficiency, will lead to robust growth in the substation and distribution automation markets.

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