Recent advances of the signal processing techniques in future smart grids

Smart grid is an emerging research field of the current decade. The distinguished features of the smart grid are monitoring capability with data integration, advanced analysis to support system control, enhanced power security and effective communication to meet the power demand. Efficient energy consumption and minimum costs are also included in the prodigious features of smart grid. The smart grid implementation requires intelligent interaction between the power generating and consuming devices that can be achieved by installing devices capable of processing data and communicating it to various parts of the grid. The efficiency of these devices is greatly dependent on the selection and implementation of the advance digital signal processing techniques. This paper provides a comprehensive survey on the applications of signal processing techniques in smart grids, plus the challenges and shortcomings of these techniques. Furthermore, this paper also outlines some future research directions related to applications of signal processing in smart grids