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What will be the “killer app” of Smart Grid?

Recently, President Obama announced grants of $3.4 billion for Smart Grid development. However, studies make it clear that given the mammoth size of the existing transmission and distribution (T&D) system, the new system will be built on the shoulders of the old. The existing T&D infrastructure will dictate the winners and losers in the Smart Grid space. The past is prologue.

The grid is in the early stages of a sea change. EPRI (Electric Power Research Institute) points out that up to 4% of the total electricity generated is lost in the T&D system. This equates to as much as $20.4 billion worth of energy.

Can’t we have both efficiency and reliability? Yes we can…if we learn these five lessons.

To read the full, original article click on this link: 5 Lessons for Smart Grid Business Success « Travel around the world.