Abstract
The smart grid delivers electricity from producers to consumers using two-way digital technology and considers the involvement of the user. The implementation of smart grids should start at the consumer side using smart meters, control devices and a communication link. Smart metering is the bridge between smart buildings and smart grids. It is viewed as a crucial factor for an efficient functioning of the internal electricity market and a successful implementation of the renewable energy and security of supply. The replacement of the currently used electromechanical meters with smart digital meters along with domestic load controllers is identified for better energy conservation at the consumer side .These devices can be remotely read and are able to measure consumption multiple times per day which is beneficial for a good demand response, customer feedback and energy management. The purpose of the present paper is to illustrate how smart meters operate and how their implementation can improve the current grid
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