What is a Smart Grid: Smart Grid is the modern version of the traditional electrical power grid consisting of a network of generation, transmission and distribution of power to the end consumers; using digital automation technologies with two-way communication between the field equipment and devices along the grid with the utility and the customers; for real time monitoring, controlling and operating for safer, secure, reliable, efficient, self-healing, green and resilient power grid.
The modern Smart Grid intelligently integrates number of additional technologies, products and solutions like sensors at field devices, Intelligent Electronic Devices (IEDs) Information and communication, computers hardware and software, power electronics, internet and more recently data analytics etc. in addition to the traditional power system equipment like generators, transformers, switches, electro-mechanical relays and measuring devices etc.
