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The EU's smart grid task force presented a possible model for the various actors, their relations and tasks. In its opinion, there should be information and data exchange between the suppliers and aggregators as well as DSOs and TSOs. The generated energy would get to the supplying and aggregating parties through a balance responsible party through some sort of financial adjustment mechanism. Consumers could that way get access to the energy as well as obtain grid access. The aforementioned balance responsible parties would serve as the interface with the power exchange market.<ref>http://ec.europa.eu/energy/sites/ener/files/documents/EG3%20Final%20-%20January%202015.pdf</ref>
[[File:Possible tasks and relatons in a smart grid system.JPG|thumb|Possible tasks and relations in a smart grid system according to the European Commission's Task Force on Smart Grids.]]
=== The societal dimension ===
=== The technological dimension ===
In a smart grid system, both electricity and information are exchanged, which is why interoperability within smart power grids has to be ensured. The reporting of energy usage would increase the efficiency of energy distribution. The European Commission has come forward with various possible systems for managing the data recorded in a smart grid. This includes delegating the responsibility of market facilitation to DSOs, introducing third party market facilitators and an independent central hub as well as solving the problem through [[Data Access Point Managers]].<br />
[[File:Smart grids data managment models.JPG|thumb|Three different possible data management models proposed by the European Commission.]]
Furthermore, the technology [[microgrids]] should be kept in mind, as they could counteract possible security risks for the grids and manage the power grid at a regional and local level.<br />