While technology has made it possible to transmit power across geographies and time zones, power companies remain unable to fully leverage these developments. This is a result of the challenges posed by power theft from transmission and distribution lines spread across very large geographies. These leakages are a matter of great concern and are the result of tampered meters and sloppy revenue protection strategies. These gaps in revenue collections are critical areas that power companies must address in order to stay competitive. One solution is to deploy Smart Grids that provide a high degree of real-time visibility, control and responsiveness to activity on the grid. Utility companies are therefore utilizing smart grids to examine and optimize their systems and benefit from higher efficiencies, system resilience, reliability and environmental sustainability.
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