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The book describes the fundaments of Smartgrids which a very new concept of electric power distribution networks which enables insertion of Distributed Generation Sources of Renewable Energy by mixing information and communication technologies with power devices. The book is organized in two different sections: The first one analyzes the integration of Smartgrids inside the the technical including Generation-Transmission-Distribution sytem while the second is devoted to the use of smartgrids as an incentive for an intelligent link between the consumer and the grid. It points out the transverse functions including regulation aspects and new business models in the electric energy paradigm.