The document discusses the transition from today's electricity system to a 21st century smart grid. It notes that today's system is electromechanical, carbon-intensive, and lacks information and control. The vision for the future grid is that it will be information-rich, utilize distributed and automated operations, integrate clean technologies like storage, and enable end-user participation and smart homes/buildings. Game changing technologies like sensors, communications, and controls are driving this transformation to a more optimized, efficient and flexible grid.