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The Business Case for IEC 61850

IEC 61850 is an international standard which was first published more than ten years ago after about another ten years of development. It has been recognized as a cornerstone technology for the Smart Grids and is running in tens of thousands of substations around the world. In many countries it has been accepted as the standard communications protocol and engineering environment for all future substations. However there are still many utilities that have not embraced it. And it is maybe because they don’t see the business case for it. So the question that this article is trying to answer is “Why? What is the business case for IEC 61850?” More