Memoori’s new report The Smart Grid Business in 2011 to 2016 shows that the step by step approach to developing the Smart Grid applied in the last 5 years is flawed. What would Leonardo Da Vinci Have Done? When Leonardo Da Vinci was obliged to finish off his first version of “Virgin of the Rocks” some 25 after being first commissioned, forensic evidence now shows that he totally rebuilt the framework of the painting which then allowed him to incorporate all the technical improvements of light, shade, expression and beauty that he had since mastered. No simple refining of minor details which is all he was paid to do; but a complete retrofit that is now some 528 years later one of the world’s finest paintings. We are now faced with restoring an outdated and inefficient electrical grid and a supreme challenge to provide a one that meets the needs for a low carbon economy. […]