ITU‐T's Technical Reports and Specifications 291 5 Improved monitoring of safety particularly in public areas during network operations35. 6 Solutions for demand response for system security purposes in required response times. D Better planning of future network investment 1 Better models of DG, storage, flexible loads (including EV), and the ancillary services provided by them for an improvement of infrastructure planning. 2 Improved asset management and replacement strategies by information on actual/forecasted network utilization. 3 Additional information on supply quality and consumption made available by smart metering infrastructure to support network investment planning. E Improving market functioning and customer service 1 Solutions for participation of all connected generators in the electricity market. 2 Solutions for participation of VPPs in the electricity market, including access to the register of technical capabilities of connected users/devices. 3 Solutions for consumer participation in the electricity market, allowing market participants to offer: ▪ Time based energy pricing, dynamic energy pricing and critical peak pricing; ▪ Demand response / load control programs. 4 Grid solutions for EV recharging: ▪ Open platform grid infrastructure for EV recharge purposes accessible to all market players and customers; ▪ Smart control of the recharging process through load management functionalities of EV. 5 Improved industry systems for settlement, system balance, scheduling and forecasting and customer switching. 6 Grid support to intelligent home/facilities automation and smart devices by consumers. 7 Individual advance notice to grids users for planned interruptions. 8 Customer level reporting in event of interruptions (during, and after event). 3.1.2 Smart water management Smart Water Management (SWM) promotes the sustainable consumption of water resources through coordinated water management, by the integration of ICTs products, solution and systems, to maximize the socioeconomic welfare of a society without compromising the environment. As it was indicated before, SMW has applicability in many different sectors (for example industries, agriculture etc.). ____________________ 35 Control of access to the equipment, detection of fault on overhead networks, protection of the contents of the buildings.