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Decision-making is always a risky business for a Utility Executive. Every decision is open to being second-guessed, not only by your stockholders, but by regulatory commissions and consumer advocates. Technology decisions, particularly those that affect your electricity rate base are even more prone to this second-guessing process. The challenge is to make a decision that is based on facts that are known now, and anticipates future technology changes. This keynote describes how the Smart Grid Interoperabilty Panel helps utilities reduce risk and cost on their path to implementing and interoperable Smart Grid.