Smart Building Networks
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- Institutt for elkraftteknikk 
This paper gives insight into the paradigm of Smart Grid with focus on the smart building as its fundamental part. After a theoretical description of a current grid?s evolution to smart form as well as basic features and functionalities of a smart building, a draft model of the building has been developed in the AnyLogic program. It simulates the behaviour of a smart building and possibilities it can provide to the grid through various scenarios. In the end, a cost and benefit analysis has been conducted to show expenses and revenues in case of implementing a smart house at different locations (Norway and Croatia), and profitability of such a project.This assignment is realised as a part of the collaborative project "Sustainable Energy and Environment in Western Balkans" that aims to develop and establish five new internationally recognized MSc study programs for the field of "Sustainable Energy and Environment", one at each of the five collaborating universities in three different WB countries. The project is funded through the Norwegian Programme in Higher Education, Research and Development in the Western Balkans, Programme 3: Energy Sector (HERD Energy) for the period 2011-2013.