A smart energy grid is a two-way electrical framework that relies on Big Data Analytics and IoT technologies to enable smart metering of electricity. The advantages of smart grids include a more efficient method of electricity transmission, a quicker containment and...
The electricity market is a system that allows purchases through bids to buy; offers to sell; and short-term trades, often in the form of financial or obligation swaps. Offers and bids use the principle of supply and demand to set the pricing. Long-term trades are...
