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Due to increasing of world population and personal energy demand, overall energy demand rises day to day and therefore, it will be very difficult and inefficient to meet this increasing demand by conventional electrical grid structure in near future. The conventional electrical grids do not well suit for efficient and sustainable solutions related to reducing transmission losses, integrating renewable energy sources, flexible demand and energy pricing. Today, there is an urgent need for smart grid in order to balance energy demand and generation more efficient, more environmentally friendly, more flexible and reliably. For these proposes, smart grid should provide observable and controllable network structure from energy generation, transmission, distribution to consumption and thus it provides smart management of energy systems. This study presents methodologies and technologies developed for distributed control and wide-area smart management in smart grids. The paper also presents projections for the near future of smart grid applications.

Wide-Area Management of Smart Grid by Distributed Control and Near Future Projections