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January 2024. A Smart Grid is an electrical grid that utilizes advanced communication monitoring and control technologies to optimize energy efficiency, reliability, and environmental sustainability. Smart grid technologies enables the effective management and distribution of renewable energy sources. By leveraging the Internet of Things (IoT), a smart grid connects a variety of energy sources to the electricity grid. Demand for electricity is expected to rise as a result of the clean energy transition, urban expansion, and population growth. Smart grid technologies can meet the increased demand by making the grids more efficient, reliable, and resilient. A smart meter is an electronic device that provides detailed consumption data including smart grid status. Smart meter use encourages better energy habits, reduces electricity bills, and improves Quality of Service (QoS). Compared to conventional grids, smart grids offer many benefits such as emissions and pollution reduction, health and wellbeing improvement, new job creation, and saving on energy, resources, and waste management costs. However, smart grid adoption faces some challenges, such as privacy issues concerning consumer's usage data and personal information. In addition, smart grids are vulnerable to cyberattacks because they are always connected to the network. Smart grid technologies include Advanced Metering Infrastructure (AMI), Demand Response (DR), Wide-Area Situational Awareness (WASA), Distributed Energy Resources (DER), and Distribution Management System (DMS). The smart grid value chain includes generation, transmission, distribution, and consumption. Policy wise, in 2015, the Global Energy Interconnection (GEI) initiative was launched to develop interconnected grids for the transmission and consumption of clean, renewable energy worldwide. GEI is coordinated by the United Nations Department of Economic and Social Affairs (UNDESA) and the Global Energy Interconnection Development and Cooperation Organization (GEIDCO). GEI directly supports Sustainable Development Goals (SDGs) 7 and 9. In this slideshow, you will learn about the definition, benefits, challenges, technologies, value chain, UN policy, and global statistics of smart grid utilization. For more slideshows on environmental sustainability, please visit s2adesign.com

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