The administration of U.S. President Barack Obama is planning to launch an international entity to be tasked with developing a smart grid, a next-generation power transmission network, U.S. government sources said Friday.
With the launch of the envisioned international body, the U.S. government aims to expand the energy market through smart grid standardization and take the lead in the new energy business, the sources said.
via LEAD: U.S. eyes launching int’l entity for next-generation power grid+.
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