Kripa Venkat, Texas Instruments (TI)
Grid parity will bring power from renewable sources that cost the same or less than power from fossil fuels and other traditional energy sources. We will achieve these low renewable energy costs through a continued investment in solar and wind turbine technology development and manufacturing, but also by investing in an intelligent power network: the smart grid. This effort will require integrated circuit solutions that enable power equipment manufacturers to introduce greater measurement, control, and communication in their products. The result will be an intelligent, efficient network that supports more extensive generation of energy from renewable sources, with a safer and more efficient energy grid for generations to come.