Abstract
Smart grid can be considered as a future of the power grid which can manage the production, transmission and distribution of electricity by modern technology to resolve many issues of current power grid systems. It is a recommended tool for Bangladesh’s energy sector development, considering its immense benefits and potential. For example, smart grids allow consumers of electricity also to become electricity producers through which the extra electricity produced can also be utilised into the national grid. Smart grids can actively increase electricity efficiency by lowering the costs of electricity generation, delivery and consumption. Setting up solar-based microsmart grids for renewable electricity generation can contribute in the form of off-grid electricity supply which can commendably tackle the problem of low rural electrification rate. However, adoption of this technology can be a challenging task ahead of the government due to weak infrastructure. It is advisable for Bangladesh to undertake pilot projects and gradually develop its infrastructure before going for large-scale transformations.