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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 electrical grid that uses modern technology to monitor, control, and automate the distribution of electricity. It is intended to make the grid more efficient, reliable, and secure by allowing for real-time monitoring and control of the system. The smart grid allows for improved communication between consumers, suppliers, and other entities in order to better manage energy use and delivery. Additionally, it enables increased automation of the grid through remote control, advanced analytics, and data processing capabilities. This can help reduce outages and increase reliability while also providing greater efficiency and cost savings.