No doubt the smart grid is a trend for the coming years. The smart grid refers to the intelligence with which electricity provisioning and usage will be managed in the future, by letting consumers decide which electricity source to use at any given time, for instance.
This will become inevitable as an answer to the increasing scarcity of natural resources, and chances are that something similar will occur for water. The video beneath provides a good intro to the subject (and for those already acquainted with the subject, this is 1 out of 5 pieces of the interview of Fortune magazine, click here to watch them all).
I'm myself relatively informed about the subject. Still, I was not fully aware about one aspect provided in the interview: ultimately parties other than the end customers might decide about the most efficient way for you to manage your electricity. The thought might be frightening, but if resource scarcity gets critical somewhere in the future, no doubt this option will be fully utilized...
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