DocumentCode
1410318
Title
Benefits of the Smart Grid [In My View]
Author
Hamilton, Bruce ; Summy, Matthew
Volume
9
Issue
1
fYear
2011
Firstpage
104
Lastpage
102
Abstract
The smart grid is a transformative set of technologies and business models. With mutually supportive private and public investment and with governmental policies that accommodate entrepreneurial smart grid innovations, we can grow our economy, create new high-paying jobs, and help protect our environment. The convergence of these diverse benefits represents an unparalleled opportunity for policy makers to advance an agenda based on research and development, on innovation, and on economic development. Through continued advancement of the Illinois Smart Grid Regional Innovation Cluster, the state is positioned to be a leader in the development and deployment of smart grid enabling strategies, services and technologies.
Keywords
investment; power system economics; research and development; smart power grids; Illinois Smart Grid Regional Innovation Cluster; business models; economic development; entrepreneurial smart grid innovations; government policy; policy makers; private investment; public investment; research and development; unparalleled opportunity; Economics; Investments; Smart grids; Technological innovation;
fLanguage
English
Journal_Title
Power and Energy Magazine, IEEE
Publisher
ieee
ISSN
1540-7977
Type
jour
DOI
10.1109/MPE.2010.939468
Filename
5673529
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