Smart grid requires short-term gains with long-term commitment

10/1/2012 | TheEnergyCollective.com

The transition to a fully intuitive and bidirectional energy infrastructure requires that investors be committed to a gradual evolution comprised of baby steps and giant leaps, according to the chair of the IEEE P2030 Working Group who insists it's vital that stakeholders understand the profundity of the undertaking. Dick DeBlasio writes the smart grid will represent the most profound change to energy production, distribution and consumption since the industry's inception and as such will require "substantial change in regulations and business processes."

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