A smart grid can be defined as a smart electrical network that combines energy systems and smart digital communication technology. They perform two-way communications between power suppliers and consumers.
The smart grid uses a two-way digital communication of technologies and computer processing which enables electricity industry to better manage energy delivery and transmission. It provides enhanced information flows on grid operations in real time thereby optimising local balancing of supply and demand.
A Smart Grid can be defined as a smart electrical network that combines electrical systems and smart digital communication technology. It is a self-sufficient electrical network systems which are based on digital automation technology for monitoring, control, and analysis within the supply chain.
It performs two-way communication between power suppliers and consumers. A smart grid is capable of controlling electrical power from multiple and widely distributed generation sources, like wind turbines, solar power plant and many more.
In a traditional electrical grid system, the network operator will typically only know the power failure issues when consumer call them and file a complaint.
But in case of a smart grid system, if supply fails and any fault appears then the service provider will automatically respond to the affected area. Because of the components of a smart grid provides enough data to them. i.e. they can collect information from the power transformer, main transmission, and distribution system and finally, to the home supply meter.