This paper consolidates the data, analysis andobservations from a case study conducted in cooperation withthe Smart Grid Gotland project. The analysis identifies howelectrical power consumption interacts with distributedelectricity generation such as wind and solar power andpresents how it correlates to weather data and smart gridsolutions. The analysis model developed based on the Gotlandnetwork is generic and hence can be functional in investigatingother power networks of different size, voltage level andstructures. The key observations from the study of smart gridsolutions such as dynamic load capacity and energy storagesolutions are specified. Based on the project, an overview offuture risks and opportunities of smart grid systems is presented.