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The earliest, and one of the largest, example of a smart grid is the Italian system installed by Enel S.p.A. of Italy. Completed in 2005, the Telegestore project was highly unusual in the utility world because the company designed and manufactured their own meters, acted as their own system integrator, and developed their own system software.
The term smart grid is most commonly defined as an electric grid that has been digitized to enable two way communication between producers and consumers. [1] The objective of the smart grid is to update electricity infrastructure to include more advanced communication, control, and sensory technology with the hope of increasing communication between consumers and energy producers.
Support for the smart grid in the United States became federal policy with passage of the Energy Independence and Security Act of 2007. [1] The law set out $100 million in funding per fiscal year from 2008 to 2012, established a matching program to states, utilities and consumers to build smart grid capabilities, and created a Grid Modernization Commission to assess the benefits of demand ...
The improved flexibility of the smart grid permits greater penetration of highly variable renewable energy sources such as solar power and wind power, even without the addition of energy storage. Smart grids could also monitor/control residential devices that are noncritical during periods of peak power consumption, and return their function ...
[2] [3] Examples of smarter systems include smart grids, [4] water management systems, [5] solutions to traffic congestion problems, [6] greener buildings, [7] IBM's goal and strategy is to use the capacity of these technology and process management capabilities and, outside the realm of technology, to advocate for policy decisions that ...
The purpose of the Smart Grid task force is to undertake research and development about the smart grid, developing relevant standards and protocols, defining the relationship between smart grid technologies and practices and current electric utility regulation, as well as researching the development of smart grid infrastructure. [14]
The European Technology Platform (ETP) for the Electricity Networks of the Future (SmartGrids) is a European Commission initiative that aims at boosting the competitive situation of the European Union in the field of electricity networks, especially smart power grids. The ETP represents all European stakeholders.
In August 2011, the journal's "Protecting Smart Grid Automation Systems Against Cyberattacks," authored by IEEE members Dong Wei and Yan Lu became the three millionth document in IEEE Xplore, IEEE's extensive digital library. [38] Mohammad Shahidehpour is the current Editor-in-Chief of IEEE Transactions on Smart Grid. [37]
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