Summary of Smart Grid

Abstract

Energy sustainability and environmental preservation have become worldwide concerns with the many manifestations of climate change and the continually increasing demand for energy. As cities and nations become more technologically advanced, electricity consumption rises to levels that may no longer be manageable if left unattended. The Smart Grid offers an answer to the shift to more sustainable technologies such as distributed generation and micro-grids. A general public awareness and adequate attention from potential researchers and policy makers is crucial. This paper presents a summary of the Smart Grid with its general features, functionalities and characteristics. It presents the Smart Grid fundamental and related technologies and have identified the issues emerging. It introduces Smart Grid politics of US, EU, and China. It demonstrates how these technologies have shaped the modern electricity grid and continued to evolve and strengthen its role in the better alignment of energy demand and supply.