Smart Grid technology named as one of the seven technologies that may help change the world, driven by governments and industry, is transforming how electricity is generated, stored, distributed, and consumed. It provides real-time monitoring of transformers and line voltage, data collection and remote control of system elements such as substations, intelligent devices, smart meters, power lines, capacitor banks, feeder switches, fault analyzers and other physical facilities.
The USA Department of Energy's (DOE) Smart Grid Task Force defined the Smart...