The Market Oracle, 9 November 2011

At a time when public debt and deficits are out of control in the straight majority of OECD countries it is almost touching that "energy crisis" still has a bit-part role in state and corporate attempts at finding new ways to extract money from consumers and waste money on corporate kleptocrats. One of the biggest current attempts is the Smart Grid-Super Grid duo. While the second is almost pure fantasy, both technologically and financially, the first seems to offer attractive potential for gouging extra revenue from electricity consumers, to "Save the Planet" by swelling electric power company revenues and generating big ticket corporate spending on high tech gimmicks - 'Smart' Meters.

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