By L. Lynne Kiesling and Dick Munson
State initiatives demonstrate a growing awareness that public policy must change to keep up with and encourage technological change. New players entering the industry are demonstrating the power of markets to stimulate investment and innovation.
oogle used to be simply a leading internet search company, but it entered the electricity business by buying big blocks of renewable energy for its large data centers, and by acquiring Nest, the maker of smart thermostats and home devices. It sees opportunity and profits in using innovative technologies to help buildings better manage their energy use.