Smart Grid Technologies

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  Smart grid technology is a collection of existing and emerging technologies. These technologies will increase efficiency in production, transport and consumption, improve reliability and economic operation, integrate renewable power into the grid, and increase economic efficiency through electricity markets and consumer participation when properly implemented. Maximum progressive smart grid technologies are in electrical transmission. Flexible Alternating Current Transmission Systems devices allow current transmission lines to distribute maximum power and helps to stabilize the grid with precise power control. High-voltage DC technology can deliver long-distance power with little losses on under water and land, and connect asynchronous grids. Wide area monitoring systems track critical system parameters so that it can prevent development of dangerous instability in the network. Managerial control and data acquisition systems analyse real-time grid conditions that providing data for fast power adjustments. The biggest changes are in the distribution network and for end users, especially commercial and residential users.