Smart Grid has been the recipient of many accolades this year; many thought leaders have extolled its enormous potential and value in delivering a worldwide low-carbon economy. In 2010 the business right across the globe has grown rapidly. Billions of dollars have been invested in new projects and the supply industry has developed through acquisition & merger, whilst major alliances have been formed to meet the many technological challenges and maximize the growth opportunities. But despite this there is an uncertainty about how the business will progress in this decade. The World Economic Forum recently addressed this concern commenting that utilities are struggling to create the business case for smart grids as regulatory incentives often fail to provide the right incentives and reflect the low-carbon agenda. In addition they say that although global governments are increasingly viewing smart grid as a strategic infrastructure investment, poorly planned and executed pilots can set back the adoption of […]