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The advent of new technology and steep fall in cost of photo voltaic (PV) systems has rendered feed-in-tariff (FiT) scheme obsolete. Net energy metering (NEM) is gradually superseding the former as it promotes the growth of mini solar generations at every house. The primary objective of NEM is utilizing self produced renewable energy and to sell the excess to grid. However in spite of its numerous...
Renewable energy sources and widespread small-scale power generators change the structure of the power grid, where actual power consumers also temporarily become suppliers. Smart grids require continuous management of complex operations through utility providers, which leads to increasing interconnections and usage of ICT-enabled industrial control systems. Yet, often insufficiently implemented security...
Smart grid is increasingly seen as a means to facilitate climate friendly renewable energy sources (renewables) and to enable efficient use of electricity. For example, modern electrical networks can link wind- and solar power with electric cars. A consequence of smart grid is a drastic increase in use of electronics in the power system. This makes the satisfactory function of electrical and electronic...
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