Grid modernization: challenges and opportunities

Electric power systems around the world are undergoing an unprecedented transformation. In the U.S., this evolution has been clustered and described under various terms, including smart grid, grid/utility of the future and grid modernization. Building this intelligent grid is a monumental task – particularly on the distribution and grid-edge sides, which are vast and heterogeneous – that has led to the emergence of new concepts, technologies, and paradigms. Here is a roadmap to implementing them.