This book identifies the challenges, solutions, and opportunities offered by smart energy grids (SEGs) with regard to the storage and regulation of diversified energy sources such as photovoltaic, wind, and ocean energy. It provides a detailed analysis of the stability and availability of renewable sources, and assesses relevant socioeconomic structures. The book also presents case studies to maximize readers’ understanding of energy grid management and optimization. Moreover, it offers guidelines on the design, implementation, and maintenance of the (SEG) for island countries.