The Smart Grid Needs Smart Regulations

Coming federal stimulus billions meant to spark the power grid's overhaul will miss their mark without state incentives to boost efficiency

It's the night before Christmas in the energy sector, with the Energy Dept. expected to announce $4.5 billion in federal stimulus awards soon for projects aimed at ushering in the smart grid. The aim of the money is a far-reaching upgrade of the system that distributes energy to homes and businesses across the U.S., adding two-way communications and control technologies throughout the newly networked grid.

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