What is smart grid and how does it work?
A smart grid is an advanced electrical grid that incorporates digital communication technology to monitor and manage the transport of electricity from all generation sources to meet the varying electricity demands of end-users. It is designed to improve the reliability, efficiency, and sustainability of the production and distribution of electricity. The smart grid replaces the traditional grid’s one-way communication system with a bi-directional flow of information, which empowers both consumers and utility providers. Table of Contents Key Components of Smart Grid How Smart Grid Works Benefits of Smart Grids Challenges of Implementing Smart Grids The Future of Smart Grids Frequently Asked Questions (FAQ) 1. Key Components of Smart Grid The smart grid is composed of several critical components that work in tandem to facilitate efficient energy management: Smart Meters: These devices enable real-time monitoring o