Analysis of Smart Grid Technology Market in Global Industry: Detailed Analysis Import and Export Data
Smart grids are useful in power grid modernization process as they result in reduced transmission and distribution losses. MDMS, SCADA, DRM, DMS and several other such software support smart grid technology. This technology manages the demand and supply for electricity along with continuous data exchange through networking, data storage, information analytics and data & information management. This system opens wide-ranging opportunities for energy conservation and efficient operations.
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