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What is Key Aspects of Smart Grid Development about?

Five key aspects of smart grid development include electricity market structures, goals for smart grid deregulated markets, smart grid market drivers, smart grid architecture, and functions of smart grid components. Traditional utilities operate as monopolies under government regulation, while deregulated markets introduce competition between multiple producers and less government oversight. The smart grid aims to set up an efficient electricity market with self-interested producers, buyers, and grid owners

Author

Gaylethunder007

Language

EN