The Power to Deliver: Trends in Smart Grid Solutions

Looking at the communication industry, one observes how drastically the communication horizon has changed. From letters to e-mails and SMS, from phone calls to video chat and live conferencing, from phone booths to smart phones: since the digitization of communication, a new era of consumer choice has been inaugurated. The potential exists for similar transformation and opportunity in the provision of electricity, embodied in a concept known as the “smart grid”. Smart grid is the electric delivery network from electrical generation to the end user that makes use of the latest advances in wireless communication and intelligent information management systems to ameliorate the electric system robustness, reliability, efficiency, and security. Like the telecommunications and the genesis of the Internet, technology holds the key to the smart grid and its realization.