The long-term challenge of the smart grid

The smarter energy boss at IBM Global Services sees great potential for smart grids, but developing them will likely be a bumpy, 30-year challenge.

It will take decades for Britain to set up a smart electricity grid, and this will require large investment in energy storage and communication networks, an IBM executive said.

One of the ideas of a smart grid is to enable households and businesses to use high power consuming appliances or recharge electric cars at a time of day when electricity prices are cheapest.

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