Smart Grid Technology and Renewable Energy Systems

Abstract

The idea of "smart grids" has been around for more than ten years, and they are crucial to the digital revolution of the power industry. An overview of smart grids, including terminology, trends, and key features. An energy system known as a "smart grid" employs digital ICT systems to recognise, react to, as well as take necessary action in reply to variations in energy demand and a number of other issues. A new sector of "green economy" devoted to making smart energy consumption into a successful business has been spawned as a result of the abundance of research and innovation areas connected to the smart grid that may be utilised for new business prospects. Electricity users can take an active role in the marketing and self-healing capacities of smart grids. This article outlines the SG architecture and numerous components in an effort to give a general understanding of SG systems. Additionally, it introduces the network infrastructure, interconnection, and modern communications used in SG systems. The article also identifies difficulties and problems that must be resolved for SG to be implemented successfully. Finally, we offer recommendations for new areas for investigation.