What Is the Smart Grid?
A smart grid is an electricity network based on digital technology that is used to supply electricity to consumers via two-way digital communication.
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This system allows for monitoring, analysis, control and communication within the supply chain to help improve efficiency, reduce energy consumption and cost, and maximize the transparency and reliability of the energy supply chain.
The technologies that make today’s IoT-enabled energy grid “smart” include wireless devices such as sensors, radio modules, gateways and routers.
These devices provide the sophisticated connectivity and communications that empower consumers to make better energy usage decisions, allow cities to save electricity and expense, and enables power authorities to more quickly restore power after a blackout.