SMART GRID

LAW CONCERNING SMART GRID

‘Directive 2004/22/EC of the European Parliament and of the Council of 31 March 2004 on measuring instruments’

That Directive presents the essential requirements for the measuring instruments which will have to be satisfied to be able to be used in the Member States.

‘European Commission Standardization Mandate (March 2009)’

That mandate aims at creating proper European standards in interoperability on smart meters.

CONCLUSIONS

Smart grid is a technology of the future. It primarily aims at reducing the peak demands which are very costly for all the power system participants. That goal can be achieved by using smart techniques such as smart appliances which will force the customers devices to work during off peak hours as well as by using renewable or distributed energy sources which will be able to power the greed when excess energy will be needed. Also smart grid is a good tool to increase consumer awareness by providing dynamic pricing. This will inform the end users when and why the energy is more expensive during specific hours and encourage them to save the energy. However, as stated before, smart grid is a technology of the future. There needs to be done a lot of studies, especially in the field of energy storage to make smart grid work completely.