Recent advancement in smart grid technology: Future prospects in the electrical power network

Abstract

With the advancement in technology, there is an immense increase in the demand of electrical energy that has not only become challenge for its production but also its distribution. So this rising demand is growing the complexities of power grids by increasing requirement for greater reliability, efficiency, security and environmental and energy sustainability concerns. These feature in a power grid towards smartness which eventually known as a today’s concept of “Smart Grid”. This is a conceptual technique in which all smart features are implemented in order to increase the distribution system of electricity efficient, more reliable and sustainable. In this article an overview of “Smart Grids” with its features and its different aspects on power distribution industry has been presented. It is also explained that how these technologies change and have more potential to evolve and strength the distribution system.