This document provides an introduction to smart grids, including:
1. The need for smart grids to meet customer and utility needs like lower bills, reliability, and reduced costs.
2. The definition of a smart grid as the integration of communication, computation, control and sensors into the traditional power grid to enable bidirectional energy flows and real-time monitoring.
3. The key characteristics of a smart grid including customer participation, power system efficiency, reliability, sustainability and more.