Smart Grid - Internet of Energy

Internet of the energy is a network of devices, energy systems, network plants, generator plants and nbsp;network components. They can exchange information among each other and align & optimize the processes on their own. To take the current energy grid where the information is unidirectional communication to interactive communication, the approach will be evolutionary instead of big bang reengineering. New business models, new players in the market will evolve in the next generation Smart Grid - Internet of Energy. This will consist of various aspects - distributed energy resources,energy storage, electric transportation,network communications,advanced metering infrastructure,distribution grid management and cyber security.