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Investment needs tough smart grid policy
Published in The Saudi Gazette on 07 - 04 - 2011

JEDDAH: The Global Smart Grid Federation (GSGF), an international organization dedicated to promoting best practices and accelerating the deployment of smart grid around the world, emphasized the importance of expanding collaboration between the private sector and global governments at the Clean Energy Ministerial meeting in Abu Dhabi.
Members of the GSGF, which includes seven smart grid national organizations, demonstrated how collaboration on policies can increase investment in smart grid worldwide.
"Although the smart grid has a technical focus, we must make private sector involvement a priority. Although the smart grid has a technical focus, we must make private sector involvement a priority," said Guido Bartels, general manager, Energy & Utilities Industry, IBM and Chairman, GSGF.
"Regulators and consumer organizations have to get involved from the outset in demonstration and especially in deployment to make sure they understand and benefit from smart grids. We must become adept at reviewing and adjusting our policy and market models as technologies evolve and provide new options and opportunities for business and consumers."
GSGF have contributed to the formulation of the International Energy Agency (IEA) Technology Roadmap on Smart Grids unveiled Monday during the Clean Energy Ministerial. The roadmap is the result of a series of valuable expert consultation workshops organized by IEA throughout 2010. The document highlights the powerful connection between collaboration and strong policy outcomes and investments. "The roadmap is a comprehensive consolidation of worldwide opinion in matters relating to the adoption and implementation of smart grid technologies," said Bartels. "The most notable section of the document highlights the significant value of policy and regulation in driving smart grid investment; this is perhaps the single most important task for all stakeholders in the electricity sector."
The GSGF works with the International Smart Grid Action Network (ISGAN) as well as with national and international government policymakers to address the broad challenges of deploying smarter grids. Through participation in roundtable discussions at the Clean Energy Ministerial, GSGF brought awareness to smarter energy use and resulting policy.
"This opportunity to engage in two-way communication with such major economic influencers and decision-makers serves to advance smart grids around the world," said J.K. Koo, CEO and President LS Industrial Systems/Chairman KSGA. "It also facilitates consensus-building within the international community to address electricity system and climate change concerns."


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