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IEEE: The expertise to make smart grid a reality

A Good Offense is the Best Defense

Date: December 10, 2012
Publication: The Energy Collective

Since the inception of the electric utility business in the late 1800s, economies of scale, cost-plus monopoly franchises and a nearly inelastic demand for ever more electricity allowed utilities to pursue a straightforward strategy: build enough capacity and redundancy to ensure reliability and recover the costs plus a reasonable margin. Read more