Dive Summary:
- A group of organizations including the Institute of Electrical and Electronics Engineers (IEEE), Internet Architecture Board (IAB) and World Wide Web Consortium (W3C), has put forward a set of principles that encourages the establishment of a set of market-driven standards for the Internet and Web.
- Their OpenStand Principles movement supports a "modern paradigm for global, open standards" that would provide a recognized basis for online commerce, and OpenStand believes that the evolving smart grid arena will necessitate "system-level products" made possible by such standards.
- OpenStand believes that these standards could be adopted volutarily as a result of market demands.
From the article:
... "The standards landscape in the power industry has been historically fragmented," according to Open-Stand Principles collateral materials. "Except for some global standards in the performance technology space, the power industry has largely had to navigate a complex, market-by-market standards landscape.
"The next-generation smart grid, however, will demand system-level products that not only interoperate with other systems in any region of the world but also integrate seamlessly with legacy infrastructure that may have been developed to conform to regionally defined standards. In fact, the modern standards paradigm that the OpenStand Principles define is already in evidence in many areas of smart-grid development." ...
