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The Opportunity and Peril of Smart Grid
March 31, 2010
Raymond L. Gifford, Eric GunningLast year witnessed “the smart grid” going from an arcane concept about updating the electric distribution system to a full-fledged public policy priority. The Obama Administration views the deployment of smart grid technologies as a linchpin to achieving its new energy economy objectives. These goals include: lowering energy costs for consumers, achieving energy independence, promoting clean and green technologies, and reducing greenhouse gas emissions. To that end, Congress allocated approximately $4 billion in stimulus grants and loans to smart grid deployments and tasked the National Institute for Standards and Technology (“NIST”) to develop smart grid interoperability standards...
The Opportunity and Peril of Smart Grid
