Vision for a self - healing power grid

Power system reliability has been thrust into the limelight by recent blackouts around the world. The social and economic costs of these failures can add up to billions of dollars every year. As the digital age prevails, more efficient manufacturing processes, based on computers and power electronics, have come to dominate industry. As the portion of electricity in the total energy consumption continues to grow, the value of power system reliability increases. This article discusses a vision for state-of-the-art solutions to improve power system reliability through improved monitoring and control.