Global Smart Grid Market - What Factors Can Be Identified as Core Drivers of This Industry?
Smart grid refers to the modernization of the conventional power grid, which allows for a reliable and secure electrical service. It incorporates the advantages of distributed computing and communication to provide real time information and enable momentary restoration of power. The Smart grid is expected to make the existing power grid smart more efficient by applying and linking seamless communication systems that, which can gather, process, and store large amounts of data. The data is then communicated to the components...
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