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This article discusses the potential benefits of grid computing for future power networks. It is also intended to alert the power system community to the concept of grid computing and to initiate a discussion of its potential applications in future power systems. Much like the Web, the grid can operate over the Internet or any other suitable computer networking technology. Grid computing offers an inexpensive and efficient means for participants to compete (but also cooperate) in providing reliable, cheap, and sustainable electrical energy supply. It also provides a relatively inexpensive new technology allowing the output of embedded generators to be monitored and, when necessary, controlled. Basically, the ability of grid-enabled systems to interact autonomously is vital for small generators where manned operation is likely to be viable.
Irving et al. (Mon,) studied this question.