Doesn't a Knowledge Economy Ministry sound like a SMART thing to have???

South Korea’s plan to install smart meters in half the country’s households by 2016 could cut electricity consumption equivalent to the cost of one nuclear power plant. 

“We want to make the utility industry intelligent and efficient,” said Choi Kyu Chong, director of the Smart Grid & Electricity Market Division of the Knowledge Economy Ministry. South Korea expects it will be able to save the cost of building a reactor by 2016 by helping households and utilities to manage electricity consumption through the meters, he said.