Gregory Kats

President, Capital-E clean-energy

advisory firm

Power from utility gas is one-way. We’re going to send it to you, and we’re not going to know how you use it. We’re going to send you a bill once a month, and then hopefully you’re going to pay it.

You’re moving from a kind of a dumb one-way environment to a two-way integrated environment where the utility can create financial returns for itself, for taxpayers and for end-users like homes by saying: Look, the reality is at some points, our price of power is really high, at other points, it’s really low, and we’re going to make that transparent to you. The economic incentives to do that are large. They’re in the hundreds of billions of dollars a year. What smart grid is about is really allowing a dumb system to become smart.

business

Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Comments
Show Comments
Most Read Business

business

Success! Check your inbox for details.

See all newsletters

To keep reading, please enter your email address.

You’ll also receive from The Washington Post:
  • A free 6-week digital subscription
  • Our daily newsletter in your inbox

Please enter a valid email address

I have read and agree to the Terms of Service and Privacy Policy.

Please indicate agreement.

Thank you.

Check your inbox. We’ve sent an email explaining how to set up an account and activate your free digital subscription.