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Published on Feb 13, 2012
Johns Hopkins' Inaugural EPC Forum Featured Prof. Joel Eisen, Univ. of Richmond School of Law. Feb 9, 2012.
We are at the early stage of the Smart Grid, the massive endeavor to modernize our nation's electric network that compares to the Internet in anticipated scale and complexity. "Smart Grid" encompasses two different but related goals: modernizing our electric system's creaky architecture, and providing consumers with dramatic new ways to make, use, and conserve electricity. The potential for consumer applications suggests a radically different electric future, with electric power's one-way flow to homes and businesses replaced with a sophisticated energy ecosystem yielding immense environmental and economic benefits. A new techno-economic paradigm could emerge in the electric grid, featuring spectacular technological breakthroughs, the rise of entire new industries, and consumer uses far beyond those of anyone's wildest dreams.
The EPC Forum is sponsored by Johns Hopkins' MS in Energy Policy and Climate Program