Holistic, transparent, and intelligent electrical systems of the 21st century
“Smart” procurement, delivery, and utilization of electricity for both the electrical industry and users have become more complex and important as this industry continues to evolve.
The decentralization of the historic centralized electric system consisting of generation (source of electricity/energy); transmission; distribution (grid/linkages); and loads (appliances and customer needs) has provided greater innovative opportunities, benefits, and challenges to this industry and its users and has offset concepts of economies of scale. Renewable and independent energy
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