SUMMARY
The purpose of study Smart Grid is the evolutions of our electric grid.Our electric components are developing day by day. The purpose of research on Microgrid systems are the integration of renewable energy sources (RES),Enhanced reliability, Reduce peak demand, Smarter consumers, Lower total energy consumption, which outlines power systems interconnection differentVitalityera components (supplyside)with vitality utilization components (request side) and capacity gadgets problem. The integration of RESs and ESSs in a microgrid is studied and analyzed by several authors for different purposes.Create and apply regular cost and advantages technique over all Smart Grid field ventures.The method employs including underlying algorithms and assumptions.Ensure that this methodology can easily accommodate algorithms and assumptions .Develop business case for investors, regulators and customers.This project has some limitations like it takes more time to configure all over the worlds, so expensive for the consumers. The objective is to keep end-user with more reliable and increased power availability and hence keeping higher priority load connected.This study never been done before. This study also was provided current information about smart grid and electric vehicles.