[The Vector] Energy Leaders Weigh in on the Future — (Continued from earlier post)
(Continued from earlier post…)
Smart Grid
Implementation of smart grid technology will enable better efficiency and integrate renewable energy sources, say the respondents. They prefer programs that focus first on improving and incentivizing smart grid technology, followed by funding energy efficiency measures.
92% of the respondents favor government incentives to improve control and management of the smart grid technology, and 89% support incentivizing the development of the grid. 85% also favored minimum energy efficiency standards for all products that use energy.
Most of the industry stakeholders believe a smarter grid is critical to our future electricity supply and consumption. In fact, 81% said that smart grid technologies are extremely or very important for the future of electricity, while only 17% said it was somewhat important and 2% not important. (more…)