Building the Smart Grid
Posted in Models by Devin Maeztri on June 23rd, 2009
This article discusses about investment in technology and innovation in energy sector to promote renewable energy.
Original article published in The Economist.
“Even though the demands being placed on national electricity grids are changing rapidly, the grids themselves have changed very little since they were first developed more than a century ago. The first grids were built as one-way streets, consisting of power stations at one end supplying power when needed to customers at the other end. That approach worked well for many years, and helped drive the growth of industrial nations by making electricity ubiquitous, but it is now showing its age.”
To read more of the article visit The Economist.