A few years ago there was a lot of buzz about the "smart grid" and the amazing investing potential it had. The overall concept centered around a grid that could adapt and react to supply and demand changes, integrating renewable energy, variable electricity costs, and energy storage into an aging grid.
Today, a smarter grid is still a hope for the industry, but the hopes for some of the industry's once-promising companies are fading. High expectations met a utility business that's extremely slow to adapt.
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