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The widespread blackout that occurred on August 14, 2003 (“the blackout”) exposed the weaknesses of the current electric transmission grid structure, and underscored the need for improvements to the transmission grid in the United States. The outage knocked out power to approximately fifty million people in Ohio, Michigan, Pennsylvania, New York, Vermont, Massachusetts, Connecticut, New Jersey and the Canadian province of Ontario. 1 The total cost in the United States was estimated to be between $4 and $10 billion.

Focusing on Demand Side Management in the Future of the Electric Grid