Then there's a small-technology approach: solar power, wind energy and distributed generation.

FORBES: Byron Kennard

Distributed generation requires use of the evolving smart grid, which will continue to offer opportunities to technology companies, he said.

FORBES: Distributed Generation: Key Part of Our Energy Future - Phil Harris

He also stressed that the enhanced planning is technology neutral, meaning planners should consider alternatives to building transmission lines, including energy storage technologies and distributed generation, where energy generating devices are placed close to demand.

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