Like the internet, which widely distributed information, the Electranet would allow homeowners and small businesses to operate small generating power facilities and contribute to local and regional energy needs by selling power into the grid at a rate that is determined by free market forces. Like the internet, which led to a surge of productivity, the Electranet is hoped to lead to innovative power generation through alternative sources and lowering greenhouse gas emissions.
Transforming the Power Grid into the Electranet
by Dan Croak
05.01.07 | Already half a million Americans are without power for at least two hours each day, and experts warn that unless the United States makes changes to its electrical grid, more and more Americans could be left in the dark.