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utility grid components (generators, substations, customers) to improve the
performance of the entire system in terms of cost, resource utilization, and
reliability, and to favor the development of distributed energy generation.
Fig. 6.3 Links between the smart grid and smart buildings
According to the European Energy Regulators Group for Electricity and Gas
(ERGEG), a smart grid can be defined as
An electricity network that can cost-efficiently integrate the behavior
and actions of all users connected to it - generators, consumers and
those that do both - in order to ensure economically efficient,
sustainable power system with low losses and high levels of quality and
security of supply and safety.
(ERGEG, 2010)
Large-scale deployment of smart grids is still years ahead; it will take
significant technology development and a daunting amount of financial
resources. However, the prospects are very promising. A smart grid would
enable, for example, the transmission of pricing signals in real time to large
customers so that the local demand can be adjusted accordingly.
A predictive control system designed for a utility grid with smart grid
capabilities must consider the aggregated loads and total generation
foreseen for a community or a group of buildings. The energy used or
 
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