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2014 | OriginalPaper | Buchkapitel

1. Introduction to Smart Grids

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Abstract

Lack of effective real-time diagnosis and healing, the traditional power grid is sporadically suffering from failures and blackouts. For example, on August 14, 2003, power system outage affected large portions of the north eastern U.S. and Canada, which ultimately caused a $6 billion loss in economic revenue [1]. Recently, smart grids have emerged as a promising solution to the next generation power grid system 2]. It utilizes information and communications technology to gather and act on information, such as the behavior of suppliers and consumers in an automated fashion to improve the reliability, efficiency, economics, and sustainability of the generation and distribution of electricity [3].

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Metadaten
Titel
Introduction to Smart Grids
verfasst von
Hongwei Li
Copyright-Jahr
2014
DOI
https://doi.org/10.1007/978-3-319-04945-8_1