Technological innovation will transform the grid. While each jurisdiction will place different emphasis on smart grid application development, the technology must be able to integrate with all grid systems so that a seamless grid, that will benefit all stakeholders, can be created. Standardization of the technology is key to a truly integrated smart grid.

Advancements in information technology, telecommunications, products and product design will work in concert to create a more reliable, user friendly electricity grid while protecting consumer data and minimizing security risk.

Smart meters, electric cars, smart appliances, the ability to remotely control consumption based on varying parameters and micro-generation; the applications and possibilities are endless. The development of the smart grid is only limited by our ability to envision the future.