Smart Grid

Smart Meters Open Up New Software Sector

Smart meters, which are meters that are hooked up to a network so that they can deliver information about current usage in a timely manner, are rapidly becoming ubiquitous. Smart meters will enable real time energy decisions in response to current conditions. They form a critical cornerstone of the smart grid; in fact in many ways they are the “smart” in the smart grid. This opens up a whole slew of new opportunities for smart software developers and smart entrepreneurs [no pun intended] to build the software applications and services to support and to add value to these new smart networked grids. What kinds of software opportunities exist in this newly opening sector?

Green Grid Bill Introduced in Senate

Senate Majority Leader Harry Reid (D-Nev.) has introduced legislation to support president Obama’s vision of a green grid. The Clean Renewable Energy and Economic Development Act will promote investments in transmission to facilitate access to renewable power, and also establish a streamlined planning and siting process for transmission lines. This legislation will make it easier for renewable energy suppliers to deliver clean energy from the often remote areas where it is harnessed to major population centers across the country.

The Green Economy Will Need a Smart Grid…and Building it will be Big Business

Many believe that the green economy will be powered by the wind and by the sun. But fewer people are aware that to make this possible we need to profoundly transform the current electric grid to control and manage renewable energy supplies. Balancing load and demand is a quite a challenge with renewable supplies that are intermittent and depend on the weather. Without a robust ability to continuously balance energy supply and demand, wind or solar energy sources can have a profoundly negative impact on grid operations, reliability and power quality and force grid operators to make costly and inefficient adaptations to current spot conditions.