Protocol for Smart grid for two-way communication

A Protocol for smart grid has been created for managing demand and supply as per customer needs and use of renewable energy. Markov process and Poisson's method are used for two-way communication and calculating average cost of energy production at main grid. The electricity generation at consumer end from renewable sources, is stored in batteries and used when required and send back to main grid if excess. The average cost of power production is calculated, and appropriate action is suggested to increase the efficiency of the entire system.