Abstract
Smart small-scale power system accommodates Microgrid (MG) and
Nanogrid (NG) with a cluster of multiple Distributed Energy Resources (DER), energy
storage facilities, adjustable smart demand capabilities, and protecting and monitoring
devices. The advancements in nanotechnology attracted the inculcation of nanomaterial
science to resolve equipment-related issues in electrical power systems. The realization
of nanotechnology to mitigate the variety of issues in the major entities of small-scale
distribution systems leads to the evolution of the smart grid. From the smart grid
perspective, the nanotechnology application acts as a disruptive technology in the
improvement of renewable energy harvesting, storage devices, transformers, meters,
insulators, capacitors, sensors, automation and communication. It provides an
appropriate innovative solution for adequate and reliable electrification in MG and NG
topology. In this article, the applications of nanotechnology in major equipment of
small-scale distribution power systems and the possible innovation of MG and NG are
discussed to inculcate a smarter electrical power system. The impact of nanotechnology
applications has revitalized the Smart Power Grid in a modest way to provide an
excellent opportunity for power autonomy.