I. Introduction
The Smart Grid initiative was introduced in the Energy Independence and Security Act of 2007, which sparked the imagination and debate of what that effort should entail [1]. The fact is that the current electric power transmission and delivery infrastructure, which is one of the most complex man-made systems to date, was not originally planned to meet the requirements of a smart electricity grid as defined by an NETL study [2].
Enabling informed participation by customers.
Accommodating all generation and storage options.
Enabling new products, services, and markets.
Providing the power quality for the range of needs in the 21st century economy.
Optimizing asset utilization and operating efficiently.
Addressing disturbances through automated prevention, containment, and restoration.
Operating resiliently against all types of hazards.