Interesting issue, Ross, thanks for sharing.  I like how they called it the "smart" grid instead of the smart grid.

On Fri, Mar 20, 2015 at 11:09 AM, Ross Foard <rfoard@gmail.com> wrote:
Intro from the document.

Our fast-approaching future of driverless cars and “smart” electrical grids will depend on billions of linked devices making decisions and communicating with split-second precision to prevent highway collisions and power outages. But a new report* released by the National Institute of Standards and Technology (NIST) warns that this future could be stalled by our lack of effective methods to marry computers and networks with timing systems.

http://www.nist.gov/pml/div688/timing-031915.cfm

We have addressed some of these issues in the past in industrial controls systems (with real time OS) and (telecom infrastructure) with PTP (precision time protocol). 

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