Proliferation of distributed generation and the increased ability to monitor different parts of the electrical grid offer unprecedented opportunities for consumers and grid operators. Energy can be generated near the consumption points, which decreases transmission burdens and novel control schemes can be utilized to operate the grid closer to its limits. In other words, the same infrastructure can be used at higher capacities thanks to increased efficiency. Also, new players are integrated into this grid such as smart meters with local control capabilities, electric vehicles that can act as mobile storage devices, and smart inverters that can provide auxiliary support. To achieve stable and safe operation, it is necessary to observe and coordinate all of these components in the smartgrid.
