A Review on the Efficiency Increment in a Power System Using Smart Grid Technologies

It is known that there is huge amount of power loss from production to end users in a power system. In the literature, it is mentioned that 33% of the generated energy is only delivered to the end users and 2/3 of it is used as the primary energy and therefore released as the waste energy. Therefore, many countries in the Europe has planned to reduce lost energy to 50%. On the other hand, the smart grid technology plays unavoidable significant role in the power system from generation to the end users in order to provide efficient, reliable, safe and controllable energy for the users, prosumers, policymakers, and system operators. This paper introduces current smart grid technologies and their impacts on the efficiency increment in a power system.