Abstract
Interfacing high penetration of Renewable Energy Sources (RES) with energy storage and microgrid control systems is an essential feature of future distribution grids for optimal utilization and management of Distributed Energy Resources (DERs). This feature allows distributed system operators to follow the right path to transform their traditional grids into smart grids. With the continued expansion of DERs, the current distribution grid is moving toward a carbon-free electricity system and greener energy-transportation applications. However, there are some practical concerns as well as technical and operational challenges in an interconnected power network. Therefore, this paper reviews the most prominent issues associated with smart grid, such as large-scale distributed generation integration, energy storage, energy trading, operational planning, service reliability, and cyber resiliency, in light of recent technological advancements. Through reviewing several emerging technologies, this study shows the necessary methodologies for establishing smart energy distribution. Finally, this study highlights future research prospects for a fully functional smart grid system.
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