GridWise™ Action Plan
Challenge #2.
Reinvent the industry infrastructure to support innovation.

The challenge is to create successful business and regulatory strategies that result in rapidly deploying innovative technologies and solutions. Both public and private investment will be critical to sustain research and development of new products and services and launch them on a path to commercial vigor. Utilities, consumers, and others will need to provide a clear market pull for the best products and solutions. Incentives for investment in new technology and infrastructure must be generally accessible to provide proper motivation: profits for those developing and selling devices and services, returns for regulated utilities, and incentives or savings for the end users who deploy them. Our collective response will:

Develop and Communicate Regulatory Options

• Identify and explore regulatory issues and barriers through open forums.
• Point to potential solutions by developing a range of regulatory options and comprehensive supporting analysis.
• Assemble a repository of knowledge by creating a library of information for workable solutions and regulatory options.
• Communicate options by actively engaging a broad range of stakeholders and decision makers.

Develop New Business Models for Deploying Advanced Solutions

• Catalyze utility and non-utility investments to deploy advanced technology by fostering new business alternatives for traditional grid infrastructure.
• Explore alternative approaches for broad support of innovative solutions by encouraging non-traditional strategies.
• Accelerate market changes by characterizing and addressing market barriers to successful projects and businesses.
• Enhance the growth and vitality of industry by communicating successes broadly.

Foster Unique, High-value Business Partnerships

• Promote collaborative business opportunities by providing local, regional and national forums to cultivate ideas and explore partnerships.
• Demonstrate unique, innovative, and complete solutions by fostering partnerships that span the energy industry value chain from end-use to bulk power markets.
• Acknowledge and celebrate business innovations by establishing national, highly visible recognition strategies.
• Demonstrate the benefits of open, interoperable systems by creating successful partnerships that exhibit these characteristics.

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