‘Smart’ Power Push Needs Rule Changes, New Energy Finance Says

Governments must change market rules and educate consumers to make smart-energy technologies that cut power use a reality, Bloomberg New Energy Finance said.

Costs must be brought down and lessons learned from more than 300 smart grid projects, which make energy use more efficient, the London-based analyst said in a book summarizing a meeting of more than 60 industry participants from companies including Tokyo Electric Power Co., Cisco Systems Inc., General Electric Co. and Schneider Electric SA.