There are many applications, techniques and technological
solutions for smart grid system that have been developed or are
still in the development phase. However, the key challenge is
that the overall smart grid system is lacking widely accepted
standards and this situation prevents the integration of advanced
applications, smart meters, smart devices, and renewable energy
sources and limits the interoperability between them. The
adoption of interoperability standards for the overall system
is a critical prerequisite for making the smart grid system a
reality. Seamless interoperability, robust information security,
increased safety of new products and systems, compact set
of protocols and communication exchange are some of the
objectives that can be achieved with smart grid standardization
efforts