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Minimum Transmission and Distribution Losses, Improve Power System Efficiency
The Digital technology that permits for two-way communication among the utility and its customers, and the
detecting along the transmission lines is what makes the grid smart. Similar to the Internet, the Smart Grid
contains controls, automation, computers, and new technologies and equipment working collectively, but in this
case, these technologies will work with the electrical grid to respond digitally to our rapidly changing electric
request. Switch of the production and distribution of electricity and electronic power conditioning and are
important factors of the smart grid.
The smart grid software segment is anticipated to have the highest development rate during the forecast period.
Smart grid communication allows hardware and software to work collectively to form a web network, enabling a
utility grid with smart features such as distribution automation, substation automation, energy management,
self-healing, real-time control, and increased reliability & security. This would benefit operators in decision-
making and better scheduling of utility distribution and storage.
Middle East & Africa
Cisco Systems Inc.
General Electric Company
Global Smart Grid Market Trends, Analysis, And Forecast To 2025
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