Under Alex Yu Zheng’s, Smart Grid News.com, Blogging the Grid article Foreign Cyber-Spies Inject Spyware into U.S. Grid with Potential for Serious Damage, I posted the following comment:
Balancing regulation and markets by shifting away from the excessively unbalanced IOUs Framework, the maximum social benefit purpose can be aimed at by letting regulated Investor Owned Transporters (IOT), that replace IOUs, be responsible for the public grid (see my comment under Philip Bane’s article “Smart Grid Stimulus Bill: DOE Snubs IOUs and Meters”). As to the private grids, which are behind the (potentially smart) meters, security management should [be] one of the key market issues open to innovation.
A paradigm shift from the IOUs Framework to the EWPC Framework is the key for the emerging EWPC based EPAct (see also my comment under Jesse Berst’s blog " The Coming Paradigm Shift and How To Achieve It"). Standards development by EPRI and NIST should look deeper into these suggestions.
For more details, go to EWPC Blog at www(dot)energyblogs(dot)com(slash)ewpc