Business
SmartPlanet: Who will pay for the smart grid?
Sven Thesan of Better Place says it will be cheaper to run electric vehicles on the grid versus today's current infrastructure, but costs will still be passed on to customers.
At the Nordic Green conference in Menlo Park, Calif., Mark Duvall, director of the Electric Power Research Institute, talks to Sven Thesen of Better Place about the economic model associated with deploying the smart grid for electric vehicles. Thesen believes ultimately, it will be cheaper to run EVs on the grid versus today's current infrastructure, but costs will still be passed on to customers.