A Review on Importance of Smart Grid in Electrical Power System

The technology has been improving day to day and as per the improvement of technology the power system also improved with that. The main part of power system is Grid along with changes it is changed to Smart grid. This paper deals with difference between conventional grid and smart grid and the advantages of it and how smart grid is improving day by day with the internet of things (IOT) and it is making path for saving money and it is making easiest way to control the grid system.The major roles of this smart grid technology is wireless communication along with cellular communication and Wi-Fi, the other things in this paper discussed is about smart meters and sensors. This leads to make smart future for a decent life, the smart type of system can assured electricity supply. It is a bidirectional power supply system between generation and customers in this system monitoring can be done by smart appliances with secured manner. Sensors will help to heal the problem and also it will transfer the error where it has been occurred to the control panel.