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Higher Energy Rates May Foil Smart Grid: Experts

Law360 (March 2, 2009, 12:00 AM EST) -- The U.S. Senate Committee on Energy and Natural Resources heard testimony Tuesday from energy industry experts on how to advance smart grid initiatives, technology that could, as one expert put it, "revolutionize" America. But challenges such as higher energy costs may make the system difficult for consumers to get behind.

The industry experts gathered to help Congress examine the progress of the smart grid initiatives authorized in the Energy Independence and Security Act of 2007 and funded in the recently passed economic stimulus bill.

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