Viewing posts tagged: "Smart Grid"

Cisco Certifies Smart Grid as the Next Big Thing

Jesse Berst: May 18, 2009, 3:21 PM

Telecom powerhouse Cisco Systems has staked its claim on the Smart Grid, and, trite as it may sound, the world may never be the same.  I’ll outline what Cisco is proposing, consider the implications for the electricity industry as a whole, and conclude by identifying who stands to lose from Cisco’s plans.

From Generation to Home and Everything in Between

Cisco Systems, the San Jose, Calif.-based networking and communications giant, today revealed that it intends to provide “an end-to-end, highly secure network infrastructure solution” for the Smart Grid and everything it touches. 

Cisco’s strategy is to ensure that there is one, consistent, IP-based infrastructure for the electric...

Smart Grid Finance Rundown: VCs and Congress Rock the Grid

Eric Wesoff: May 5, 2009, 8:30 AM

In 2004, the term “Smart Grid” didn’t really exist – despite the Demand Response successes of now-public firms like Comverge and EnerNoc. 

Fast forward five years and we’ve seen hundreds of millions of dollars of VC investment flow into a wide range of smart grid startups, essentially creating a new market and ecosystem from power generators to home networks. This year has gotten off to a slow investment start but that will change in the coming quarters.

Smart grid technology, investment, and infrastructure must emerge if the states are to meet their ambitious Renewable Portfolio Standards.

But beware. As Stephen Lee, the Senior Technology Executive for Power Delivery and Utilization...

More 2030 Goals: Smart Grid Harmony

Michael Kanellos: May 4, 2009, 3:30 PM

2030. It's one of those years you see goals pegged on a lot these days. California, for instance, wants to update the building code so that new commercial buildings will be net zero on energy by 2030.

Now, the IEEE, the large and influential standards body, has set forth a program entitled IEEE P2030 to come up with standards for smart grid interoperability and two-way communication.

2030 is not when the first planning meetings will end. It is, ideally, when these things can be implemented.

The first P2030 meetings will take place at Intel headquarters in Santa Clara on June 3 through 5. Turn right at the Marriott and keep going. It's the blue building on the right.

General Electric...

Superconductor Player Zenergy Raises £9.5M For U.S. Smart Grid Efforts

Jeff St. John: May 1, 2009, 12:30 PM

Fresh on the heels of landing a key U.S. contract for its superconductor fault current limiter device, Zenergy Power (AIM: ZEN) has raised £9.5 million ($13.8 million) to help it compete for American smart grid stimulus funding.

Specifically, the London-based company is looking to use the funding from new and existing investors to get its superconductor equipment into stimulus-funded projects, according to a Friday briefing from CEO Jens Mueller.

Superconductors — materials that can carry far more electricity than traditional copper wires — are being used in a number of new ways for electricity grid operations, both as experiments and on a commercial scale (see Superconductors for the...

Itron Sees 1Q Revenues Shrink

Jeff St. John: April 30, 2009, 2:08 PM

Itron Inc. (NSDQ: ITRI) reported Wednesday that its first-quarter 2009 revenues fell amid a shrinking 12-month pipeline for new smart meter contracts — a sign that $4.5 billion in smart grid stimulus funding isn't enough on its own to counteract the ongoing recession and utilities' conservative spending plans.

The Liberty Lake, Wash.-based company reported first-quarter revenues of $388.5 million, below analysts projections and down 19 percent from revenues of $478 million in the same quarter in 2008.

And while Itron's long-term backlog for smart meter contracts rose to a record $1.5 billion — up from $683 million in the same quarter last year — its shorter-term, 12-month backlog fell...