GE Says Smart Grid Equal to 41GW of Power Plants

"We can probably improve the efficiency of the grid by 5 percent," said Steve Fludder, vice president of Ecomagination at GE, during an interview at the Cleantech Forum taking place this week in San Francisco. Five percent doesn't sound like much, but it translates to 41,000 megawatts of generating capacity, or 41 gigawatts."