Just about everyone agrees that the nation's electricity infrastructure needs to be modernized. But where should one begin? How long will the process take? How much should be spent on modernization? What portion of the modernization budget should go to generation, transmission, and distribution? What specific technologies should be developed?

These are difficult questions that have no easy answers. A new book by Mason Willrich takes these questions head-on and provides some good answers.

The growing consensus among power and utility executives is that digital technologies and "digitization" are becoming a strategic and risk mitigation imperative. Faced with rapid, far-reaching and unprecedented changes, many leaders are rethinking how they can tackle new issues in new ways.