Is OSI a cautionary tale for the IEEE Smart-Grid Standards?

As can be seen in the blog post Is the Smart Grid that’s Being Pushed History?, I have been questioning for quite some time what I eventually named as the regulator oriented smart-grid that’s being pushed. I now question whether the smart grid as the infrastructure being laid out incrementally, by starting with smart meter investments makes any sense. That questioning is in agreement with smart grid technology expert Timothy Schoechle’s paper headline quote available in said post that says “Billions spent with taxpayer dollars on ‘smart meters’ will not lead to U.S. sustainability; Place citizens and economy at risk.”

Instead, the emergent, inclusive, holistic, simple, and minimalist, Value added Electricity Architecture Framework (VAE-AF) pretends to use the Internet as an infrastructure that’s already being laid out. This is now supported by the paper A complete and fully functional electricity restructuring proposal.

However, as a promoter of IEEE Xplore, for example, I conclude that there is huge value available for IEEE members and non-members from such standardized smart-grid. This is to say that IEEE Xplore is valuable under either option. I come to that conclusion in part as the history available from the IEEE Spectrum's article OSI: The Internet That Wasn’t, which says:

In light of the success of the nimble Internet, OSI is often portrayed as a cautionary tale of overbureaucratized “anticipatory standardization” in an immature and volatile market. This emphasis on its failings, however, ¬misses OSI’s many successes: It focused attention on cutting-edge technological questions, and it became a source of learning by doing—¬including some hard knocks—for a generation of network engineers, who went on to create new companies, advise governments, and teach in universities around the world.