“Smart grid” generally refers to a class of technologies that are being used to take electricity delivery systems into the 21st century by using computer-based remote control and automation.
These systems are made possible by two-way communication technology and computer processing that has been used for decades in other industries. They are beginning to be used on electricity networks, from the power plants and wind farms all the way to the consumers of electricity in homes and businesses. They offer many benefits to utility companies and consumers - mostly seen as big improvements in energy efficiency on the electricity grid and in the energy users’ homes and offices. Companies are increasing their deployment of Smart Grid applications as part of their efforts to drive energy efficiency.
What are advancements made in this technology in the last few years? Who are the key players in China? What is the incredible scope or extent of smart grid technology? What are its limitations?
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