"Under the Energy Independence and Security Act of 2007 (EISA), the National Institute of Standards and Technology (NIST) was assigned 'primary responsibility to coordinate development of a framework that includes protocols and model standards for information management to achieve interoperability of Smart Grid devices and systems…' [EISA Section 1305] There is an urgent need to establish Smart Grid standards and protocols. Some Smart Grid devices, such as smart meters, are being widely deployed. Installation of synchrophasors, sensors that provide real-time assessments of power system health to provide system operators with better information for averting disastrous outages, has accelerated rapidly. By 2013, it is expected that approximately 1,000 of these devices will monitor conditions on the power grid, a dramatic increase since January 2009. In late October 2009, President Obama announced 100 Smart Grid Investment Grant Program awards totaling $3.4 billion. This federal investment leveraged an additional $4.7 billion in commitments from private companies, utilities, cities, and other partners that are forging ahead with plans to install Smart Grid technologies and enable an array of efficiency-maximizing and performance-optimizing applications. At the end of 2009, the number of Smart Grid projects in the United States exceeded 130 projects spread across 44 states and two territories."
NIST Special Publication 1108R2
National Institute of Standards and Technology (U.S.): http://www.nist.gov/