electric power system that utilizes information exchange and control technologies, distributed computing and associated sensors and actuators, for purposes such as to integrate the behaviour and actions of the network users and other stakeholders or to efficiently deliver sustainable, economic and secure electricity supplies
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Note: The impact of smart grids on copper markets is primarily through the solutions that the smart grid enables, such as heat pumps (20 kg per unit), electric vehicles (+40 kg/vehicle) or smart homes (5-10 kg per home electrical installation).
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