Smart Grid - The Internet for the Energy Economy

The nation's century-old energy grid might get an upgrade soon to handle alternative energy. The economic stimulus package has earmarked $11 billion to invest in smart meters and 3,000 miles of renewable-energy transmission lines. Venture capitalists and utilities also are investing in smart-grid applications at a record pace. "It's like the Internet for the energy economy," said Katherine Hamilton, head of the GridWise Alliance.

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