Smart grid technology named as one of the seven technologies that may help change the world, driven by governments and industry, is transforming how electricity is generated, stored, distributed, and consumed. It provides real-time monitoring of transformers and line voltage, data collection and remote control of system elements such as substations, intelligent devices, smart meters, power lines, capacitor banks, feeder switches, fault analyzers and other physical facilities. The usa department of energy's (doe) smart grid task force defined the smart grid as a future power delivery grid that: •enables active participation by consumers •accommodates all generation and storage options •enables new products, services and markets •provides power quality for the range of needs in a digital economy •optimizes asset utilization and operating efficiency •anticipates and responds to system disturbances in a self-healing manner •operates resiliently against physical and cyber attacks, and natural disasters Distribution automation systems are key to providing two-way communication with these elements, as well as to identifying and isolating faults, and restoring service. Ami (advanced metering infrastructure) plays a central role in providing a two-way communication. South korea has been selected by the g8 summit's major economies forum on energy and climate, held in l'aquila, italy, july 2009 to lead the research, development and commercialization of smart grid technology. Nuri telecom in collaboration with major utilities including korean electric power company is developing products and solutions covering entire spectrum of smart grid infrastructure. Nuri telecoms smart grid solutions meets smart grid criteria outlined by us doe and provides our customers a very comprehensive end-to-end solution to support their present smart grid needs with robustness for future expandability.
