presentation - 12th IAEE European Energy Conference
presentation - 12th IAEE European Energy Conference
presentation - 12th IAEE European Energy Conference
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Background<br />
• It is known that developing smart grids can help reach the<br />
<strong>European</strong> Union “2020 energy targets” moving towards new<br />
horizons like 2030.<br />
• It is common to find answers related to the technical aspects of<br />
smart grids but some questions like who will pay for converting<br />
the existing grid remain to be answered. Due to high up-front<br />
costs, smart grids can be perceived as high investment despite<br />
its cost effectiveness in the life cycle.<br />
• Its implementation overcomes not only technological but<br />
economic related issues.