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Peer Reviewed Article

Vol. 3 (2016)

Emerging Trends in Smart Grid Technologies: An Overview of Future Power Systems

Submitted
26 January 2024
Published
31-12-2016

Abstract

This article provides a comprehensive exploration of the evolving landscape of power systems, focusing on the transformative influence of emerging trends in smart grid technologies. Investigating the integration of renewable energy sources, the study showcases how advanced forecasting models, energy storage solutions, and demand-side management strategies are shaping a sustainable and resilient power generation future. The critical role of communications infrastructure is highlighted, emphasizing the necessity of robust networks and the evolution towards IoT. A paradigm shift towards consumer empowerment is elucidated, revealing how smart grids grant individuals unprecedented control over energy consumption. Despite challenges such as financial investments and cybersecurity concerns, the findings underscore the opportunities for innovation, efficiency, and positive transformation in the power sector. This research advocates for continued collaborative efforts to propel smart grids towards a future marked by resilience, efficiency, and sustainability in power systems.

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