A smart grid is commonly characterized by the application of digital processing and communications to centralize data flow and information management. American expertise will help overcome challenges like integration of new grid information - one of the key issues in designs of smart grids.
At present, electric utilities now find themselves making three classes of transformations: improvement of infrastructure; addition of the digital layer; and business process transformation, necessary to capitalize on the investments in smart technology. Much of the work going on in electric grid modernization, especially for substations and distribution automation, is now included in the general concept of the smart grid.
(Sourced from economictimes.indiatimes.com)
(Sourced from economictimes.indiatimes.com)