GridWise composed of various utility and tech companies , is a vision for transforming the nation's electric power grid using advanced communications, automated controls and other forms of information technology. The electric power system has not fully harnessed the power of digital technology. For the most part, it is still making do with equipment designed in the 1950's and 1960's – before the era of the microprocessor. As a result, today's electric system is full of massive, expensive capital assets that are underutilized. Similar to the nervous system in a living organism, GridWise will enable devices at all levels within the grid – from utility to consumer – to independently sense, anticipate and respond to real-time conditions by accessing, sharing and acting on real-time information.
On the other hand, the power grid may finally allow for supporting broadband Internet traffic.
Innovation in both power and network grids.
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