Please write a 3 pages report about System Efficiency Improvements in Smart Grid – Technical and Economical. You can use the sources below or you may want to do an extended search in gathering information. You could use electric power related publications (e.g. IEEE Spectrum, IEEE Power Engineering Review, Electrical World, Transmission and distribution, etc.). Please give specific information about the technology to use it in their application. Do not give the history or fundamental engineering relationships formulas etc. Make sure the report conveys the vital information about the technology. Paper should be written in your own words. Directly coping any information (text, figures, equations etc.) from any source should be referenced.