The power grid in 2030

Abstract

Developing technology is like driving a race car: You push the machinery as fast as it'll go, and if you can avoid a crash, a prize awaits you at the finish line. For engineers, the reward is sometimes monetary, but more often it's the satisfaction of seeing the world become a better place. . Thanks to many such engineers driving many such race cars, a lot of progress is about to happen in an unexpected spot: the electricity sector. The power grid's interlocking technological, economic, and regulatory underpinnings were established about a century ago and have undergone only minimal disruption in the decades since. But now the industry is facing massive change. . Most observers are only vaguely aware of the magnitude of this overhaul, perhaps because it's a hard story to tell. It doesn't translate well to a set of tweets. Many people have come to think of the electric-utility business in much the same way they think of their taxes-boring, tedious, and somehow, always costing more money.