The document discusses the smart grid, which aims to address issues with today's electrical grid such as blackouts and one-way communication. It introduces the concept of adding "intelligence infrastructure" like smart meters, transmission upgrades, energy storage, and networked appliances. This smart infrastructure enables features like demand response, distributed generation, electric vehicles, optimized asset use, and problem detection. Key components are discussed in more detail, including smart meters, electric vehicles, and potential partners for building smart grid cities. The conclusion outlines how the smart grid facilitates changes to electricity production, transmission and consumption while supporting environmental and customer control goals.