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One of the most misunderstood terms in the electric industry is "smart grid". Depending on who you talk to, this can mean automating your electric network with smart meters or switches, or possibly monitoring the grid using consolidated OMS and DMS control center software, or even residential HVAC systems being controlled and monitored by the electric company. Actually, for all intensive purposes, the smart grid involved all of these components and much more. Truth be told, the smart grid is still under construction and will continue to evolve into an electrical 'system' that more tightly integrates power generation with the consumer. It seems as if everyone wants a smart grid, but no one know what it is or how to get there. The challenge today is how to reach this modern electrical nirvana, without going down the wrong road and becoming financially unstable.
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