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What is a "smart grid" and how can it improve the power grid?
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A smart grid is an advanced electricity network that uses digital technology to manage and control the flow of electricity. It involves the integration of information and communication technologies with traditional electrical infrastructure, enabling more efficient and reliable delivery of electricity services. By using advanced analytics and artificial intelligence (AI), smart grids are able to optimize energy use, reduce costs, and increase reliability and resilience in the event of outages or other disruptions. In addition, they provide consumers with more control over their energy usage, allowing them to save money on their bills and reduce their carbon footprint.