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The Grid: Electricity Transmission, Industry, and Markets

The Grid: Electricity Transmission, Industry, and Markets

The grid delivers electricity from generation points to demand centers. Supply and demand of electricity must be balanced in real-time to ensure system stability and reliability. A reliable grid can help prevent significant economic losses resulting from power disruptions, especially as electricity use is more widespread. In recent years the electricity grid has evolved from a centralized, one-way system to a more decentralized, flexible,...

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