Smart grids offer an innovative new way of operating energy supply across a large area – even across an entire country. They communicate with each other, providing managers with reliable information about energy usage, energy flow and consumer supply and demand. Although the technology is still in its infancy, smart grids have enormous implications, allowing us to:
- Reduce emissions
- Reduce fuel costs
- Integrate different sources of renewable energy into a single grid
- Provide instant feedback on energy production and consumption
- Make diagnosing faults seamless
- Provide energy according to demand, making it more efficient
Energy managers can use the information gathered by smart grids to adjust the grid and respond to problems in real time, making managing the grid far more efficient and improving fault detection without the need for technicians. It also allows consumers themselves to use smart meters to gather more accurate information about their usage.