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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old May 16, 2007, 03:23 PM   #1
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Will anyone pay for the 'smart' power grid?

Source: News.com
________
AUSTIN, Texas--To get an idea of what the future electricity grid will look like, think of the Internet.

Like the Internet today, the electricity network needs to be able to connect billions of devices and still operate reliably. Because of growing environmental concerns, the grid needs to become far more flexible than it is today, accommodating distributed power generation from renewable sources and use several energy-efficiency techniques.

But while many people can agree on the vision of tomorrow's utility grid, few are willing to pay for it, according to experts who spoke at the Clean Energy Venture Summit on Tuesday.
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