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Recent Trends in Smart Grid Technology-A Review Paper
T.M. Thamizh Thentral1, Purusharth Semwal2, Preeti Kumari Pandey3, Aishwarya Raju4, Utsahan Mukherjee5, Urmi Ganguly6

1T.M. Thamizh Thentral, Assistant Professor, Department of EEE, SRM Institute of Science and Technology, Kattankulathur, India.
2Purusharth Semwal, Student, Department of EEE, SRM Institute of Science and Technology, Kattankulathur, India.
3Preeti Kumari Pandey, Student, Department of EEE, SRM Institute of Science and Technology, Kattankulathur, India.
4Aishwarya Raju, Student, Department of EEE, SRM Institute of Science and Technology, Kattankulathur, India.
5Utsahan Mukherjee, Student, Department of EEE, SRM Institute of Science and Technology, Kattankulathur, India.
6Urmi Ganguly, Student, Department of EEE, SRM Institute of Science and Technology, Kattankulathur, India.
Manuscript received on 02 June 2019 | Revised Manuscript received on 10 June 2019 | Manuscript published on 30 June 2019 | PP: 858-862 | Volume-8 Issue-8, June 2019 | Retrieval Number: G5319058719/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: Smart Grid is now the buzzword in the power industry all over the world. It presents our planet with a revolutionary way of power transmission and distribution. It has even paved the way for many advanced forms of data prediction and handling. The existing grid has to be changed so that it can convey security to the grid. While on one hand, it provides, clean energy and planet-saving benefits and on the other hand, it also poses the complications of providing hi-tech elements of the operation. A lot of characteristics have made it conceivable to separate Smart Grid from the existing old grid. Features like Smart metering, Smart sensors, and Smart protection have been discussed in detail for an overall view of this technology. There are numerous difficulties and issues regarding the usage of Smart Grid which is also debated in the paper. The future investment opportunities and the expected growth has also been given an overview.
Keyword: Smart Grid, Smart Meters, Smart Sensors, Smart Protection.
Scope of the Article: Security Technology and Information Assurance.