A new report from the European Commission’s Joint Research Centre (JRC), concludes that substantial investments are needed to make smart grids a reality. The study reviewed 219 smart grid projects Europe-wide, which have a total investment value of approximately €5.5 billion, and found new Member States (“EU12”) tended to lag behind in implementation.
Clean Urban Energy (CUE) has secured $7 million in Series A financing, which will be applied to rapid product development and a multi-city expansion within the United States to New York, Los Angeles, San Francisco, and Houston. The investment was co-led by Battery Ventures and Rho Ventures.
The National Action Plan Coalition (NAPC) has released a Demand Response and Smart Grid Communications Action Guide in compliance with the National Action Plan released by the United States Department of Energy (DOE) and the Federal Energy Regulatory Commission (FERC) in June 2010.
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Smart Grid Guide Released by Non-Profit Coalition
Sensus will incorporate IBM encryption and key management technologies into its FlexNet Advanced Metering Infrastructure (AMI) system to enhance the network infrastructure’s existing security capabilities.
EnerNOC’s acquisition of Energy Response, the largest demand response provider in Australia and New Zealand, has significantly strengthened the company’s presence in Western Australia’s Wholesale Electricity Market. EnerNOC reports that the deal enables it “to deliver 240 megawatts of demand response capacity in the 2012/2013 delivery year, up from its initial position of 100 megawatts.”
EnerNOC Acquires Energy Response
In the middle of June, Chris Anderson, the Gulf Islanders for Safe Technology chairman, led a delegation to the Islands Trust Council’s quarterly meeting on Denman Island. Anderson’s group has highlighted concerns with the planned smart meters deployment throughout British Columbia across the province, including potential health risks posed by electromagnetic radiation, privacy issues, the risk of information hacking, and increased costs.
Sometimes innovative companies can be a little too ahead of their time. Google and Microsoft are arguably two of the most influential and innovative companies in modern history. Part of their success has been to capitalize on emerging trends by anticipating consumer needs and wants. So it was not terribly surprising when both companies introduced technology tied to the smart grid.
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The Untimely Demise of PowerMeter and Hohm
Siemens Energy is collaborating with eMeter to supply Southern Maryland Electric Cooperative (SMECO) with eMeter EnergyIP meter data management system (MDMS). Siemens will integrate the MDMS with SMECO’s primary operational and customer service systems.
Siemens to Collaborate with eMeter
INFRAX Systems, which provides smart grid-related products and services for the energy and utility industries, is acquiring Southern Power & Controls (SPC), a privately-held electrical contractor, for $4.9 million in cash plus stock. As per terms of the deal, INFRAX will continue to support Southern Power & Control’s customer base and expand their offerings to include the implementation of INFRAX’s smart grid product portfolio.
INFRAX to Acquire Electrical Contractor Firm
End-to-end intelligence and dynamic control of electricity across the grid has become the defining function of the smart grid.
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Siemens Introduces Worlds First Integrated Sub Sea Power Grid