This paper investigates an ecosystem based business model in a smart grid infrastructure and the potential of value capture in a highly complex macro infrastructure such as a smart grid. It proposes an alternative perspective in studying the smart grid business ecosystem to support infrastructural challenges, such as the interoperability of business components for a smart grid. So far, little r...

The smart grid has received high interest for improving efficiency and reliability of power system. It adopts Information and System Technology for this purpose and several technologies are considered as system architecture of the smart grid. Consequently security issues of system should be considered for the smart grid. In this paper system architecture for the smart grid is presented. Require...

The Internet of Things (IoT) is the widely accepted technology that connect everyday objects to the internet for providing ease and various functionalities and the Smart Grid (SG) is defined as the power grid integrated with a large network of ICT. The SG is the combination of billions of smart objects: smart appliances, smart meters, actuators and sensors etc. This paper analyse the various ac...

The Smart Grid, regarded as the next generation power grid, uses two-way flows of electricity and information to create a widely distributed automated energy delivery network. In this article, we survey the literature till 2011 on the enabling technologies for the Smart Grid. We explore three major systems, namely the smart infrastructure system, the smart management system, and the smart prote...

The current U.S. electrical power grid is an out-of-date infrastructure, and the Smart Grid is an upgrade that will add many new functionalities to meet customers’ new power requirements. Updating a system as complex as the electrical power grid has the potential of introducing new security vulnerabilities into the system. This document presents a review of the work related to Smart Grid cyber ...

This paper presents the survey of the smart grid technologies, including the background, motivation and practical applications. The driving forces for the smart grid technologies are presented, including the blackout, global energy crisis and environmental protection requirement. The key technology issues for building the smart grid are discussed. The crucial elements of the smart grid and thei...

Smart grid can be considered as the next step in the evolution of power systems. It comprises of different entities and objects ranging from smart appliances, smart meters, generators, smart storages, and more. One key problem in modeling smart grid is that while currently there is a considerable focus on the practical aspects of smart grid, there are very few modeling attempts and even lesser ...

This article argues that smart grid technologies enable policy‐makers and communities to successfully manage enduring energy policy concerns. It defines what ‘smart’ energy technologies, grids and policies mean, and then evaluates how the smart grid can enable policy‐makers to respond to an emerging energy ‘trilemma’. Drawing on case studies from the United States, the article suggests that the...

The smart grid is an important hub of interdisciplinary research where researchers from different areas of science and technology combine their efforts to enhance the traditional electrical power grid. Due to these efforts, the traditional electrical grid is now evolving. The envisioned smart grid will bring social, environmental, ethical, legal and economic benefits. Smart grid systems increas...