Services Provided by Smart Grid

Values for Consumers

Values for System Operators

Values for Service Providers/Aggregators

Demand Response Services

− Electricity bills will reduce

− Consumption of electricity will reduce

− Electricity quality will improve

− More control over electricity usage

− Blackouts will decrease

− Customers will have multiple options for selecting different electricity packages

− Peak demand can be reduced

− Stability and reliability of the system can be improved

− Grid operations can be optimized

− Costs and power losses can be reduced because of decreasing the distance of transmission lines

− Supply security and power quality will be improved

− Benefit for the environment by not emitting gasses

− Investment in a power plant can be reduced by decreasing peak demand

− Income can be increased by offering additional services

− For energy retailers, sourcing cost can be reduced