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Cloud Computing, a computing paradigm is among the best means of accessing and storing information over the Web, as a substitute of storing data in the laptop exhausting drive. Electric utilities have great potential to reinvent themselves in an effort to stay relevant throughout the power sector’s imminent transformation. A confluence of things – new and cheap technologies, declining electrical energy demand, and elevated action towards climate change – are driving this modification. To account for these factors, utilities should evolve from electron suppliers to system optimizers, and so they must be rewarded based on performance quite than gross sales.