Smart Grid technologies transform the way a grid is managed, and bring unprecedented benefits to both the grid operators and their electricity consumers.
Greater power reliability and power quality
The smart grid provides reliable power supply with fewer and briefer outages, “cleaner” power and self-healing power systems.
Stronger safety and cyber-security benefits
The smart grid continuously monitors itself to detect unsafe or unsecure situations that could detract from its high reliability and safe operation.
Higher security is built-in to all systems and operations including physical plant monitoring, cyber security and privacy protection of all users and customers.
Increased energy efficiency
The smart grid is more efficient, providing reduced total energy use, reduced peak demand, reduced energy losses and the ability to induce end-users to reduce electricity use instead of relying upon increased generation.
Environmental benefits
Smart grid technologies protect our environment by reducing unnecessary energy uses. They help lowering greenhouse gases (GHG) and other pollutants by reducing generation from inefficient energy sources while integrating renewable energy sources.
It also enables the replacement of gasoline-powered vehicles by connecting increasing numbers of plug-in electric vehicles.
Direct financial benefits
The smart grid offers direct economic benefits to electrical utilities. Operations costs are reduced and sometimes even avoided while end-customers get greater pricing choices, better information and increased control over their electricity consumption.