For utilities, generating additional capacity is neither a quick nor a simple proposition. Strategies that help monitor and control power demand are essential to ensuring a robust power supply, and the Smart Grid represents the best opportunity to control the demand for additional capacity.

The Smart Grid refers to the modernization of the electricity supply system. It enables electricity suppliers and consumers to work together to monitor, protect, and automatically optimize the operation of the power grid’s interconnected elements in order to guarantee the electricity supply.