A Comment About

Myths Associated with the ‘Smart’ Electrical Grid

May 5, 2010 - 12:00 am - by Larry Reisinger
Scott
2010-06-10 08:15:19

Yeah, I’m sure “Pajamas Media” is a good source. Umm, let’s see what Barclays said in a 3/1 Barron’s piece by Mike Hogan – smart grid spending could reach $40b/year by 2015, compared w/ less than $10b today, by 2030 it could grow to $100b. One Cisco exec said it would “eclipse the internet as a business opportunity for Cisco.”

Here’s an advancement – Demand Response (DR). It allows customers to reduce power use during peak demand in return for price breaks.