Smart grid architecture
Smart grid architecture enables the delivery of electricity from supplier to consumer through digital technology. The US and foreign governments are working towards developing a more modern and efficient electricity network to promote energy independence and reduce global warming. Smart grid architecture is effective in any type of enterprise, but is more advantageous in retail stores, warehouses, production facilities, hospitals, universities and other large or multi-building ventures. Because all systems are automated and metered, they track when and how much electricity is used. By combining smart grid architecture with energy management software that provides real time energy use, businesses can better manage their energy consuming equipment and their cost of electricity use. Since the price of electricity increases during high demand periods and decreases during off-peak times, enterprises that use energy management services can reduce their demand during high cost times.