The complexity of the electric power industry creates enormous opportunity for Fortune 500 companies and promising technology companies. Increased energy demands, capacity limitations, environmental constraints, varying load shapes, distributed generation and the deployment of new smart technologies all come into play.

The epic storm in February in our home state, Texas, exemplified the fagile nature of our electric grid and the catastrophic consequences of it failure. While new technologies will be developed to build a robust and resilient 21st Century grid, this new grid is still in its infancy and will take years, most likely decades, to reach that utopia of which we dream.