New developments in the discussions of climate change and conservation of energy are prompting utilities to undergo the largest changes in their history, transforming them from regulated commodity energy firms to low-carbon network operators. The combination of industry structure, regulation, and business mission that utilities adopted over a century ago must be retooled for an era with different priorities, a different mission for utilities, and very different utility technologies. "Smart Power" examines the many facets of this transformation in thorough but non-technical terms. From the options for long-term power generation, to the policy choices and regulatory reform needed to accomplish the nation's goals, to new strategies for the development of an efficiency-focused business model, Peter Fox-Penner provides clear and lively guidance through a thoroughly transformed landscape of power generation.