About the book
To accomplish the objectives of the Smart grid, Smart metering is the main dynamism. Smart Grids solve necessitous complications like balancing of renewables, customer operations, peak management, and many more. Incontrovertibly, Smart metering helps to dwindle the commercial Losses, monitor energy(real-time or near real-time), detect energy theft(Cybersecurity), enhance reliability in Grid and lead to better revenue as well as tariff management. Additionally, it introduces innovative tariff structures, dispatches accurate bills based on meter data, thus reduces the annoyance of customers and uplifts customer constancy. It will motivate consumers to change behavior and optimize energy consumption, even by generating their own electricity and sell it back to the grid, which will boost the business turnover in the later stage. So, Smart metering technology plays a major role to accomplish the objectives of a smart grid. Undoubtedly, Control Systems, Automations, FACTS devices, Smart Sensors, Wireless sensors, Cybersecurity, Communication Networks, Data acquisition, Signal processing and processing, Energy Conservation and Management, Renewable energy resources, Grid integration play important roles for making reliable smart metering technologies.