What are the transformational elements of the Smart Grid?
Transformational elements of the Smart Grid include a wide variety of technologies that control and manage the generation, transmission, and distribution of electricity. Some of the elements that are redefining the electric grid have to do with the following: • Generation of cleaner or “greener” electricity – wind farms, solar energy, nuclear… • The efficient transmission of energy – more efficient conductors. • Meter Data Management systems. • Advanced Metering and demand response capabilities • Security • Home area networking • Energy Storage. • Advanced monitoring and response applications.