The energy debate is heating up as the growing global population

consumes the finite fuel resources at an increasing pace with

considerable impact on the environment. All energy scenarios

point to a growing role of electricity in the global economy. This

book explores the challenges and opportunities facing us, and

ultimately leads to the possible solutions. Smart grids may help

in both optimising electricity use and integrating renewable

energy sources. Smart power generation with high flexibility and

fuel efficiency as well as low emissions is essential in balancing

electricity supply and demand. Whatever happens, one thing

remains clear: Business as usual is not an option