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IEEE: The expertise to make smart grid a reality

A Look Into the Future of Grid Transformation: Are You Ready for Singularity?

Date: March 16, 2014
Publication: Utility Horizons Magazine

The electric utility industry is approaching 'singularity' because of advances in energy, electronics, telecommunications and information technologies which are revolutionizing how electricity can be produced, transmitted, distributed and used. The one hundred year old industry paradigm, centralized, cost-plus monopolies supplying power one way to load centers from large remote fossil and nuclear fueled generators will be eclipsed by a decentralized, market-driven, industry in which power flows not only from the grid to customers, but from customers to the grid. Read more