SMART GRID ROUNDUP: Grants for National Smart Grid Announced, Hacking the Smart Grid; Wind and Solar Power Drives Need For Smart Grid

Quite a bit is happening in the smart grid sector. In this post I quickly look at the breaking announcement by Vice President Joe Biden of more than $3.3 billion in stimulus funding for grants to drive the rollout of a nationwide electrical smart grid.

I continue to follow the hacking of the grid story and try to give some various perspectives on this issue and what is being done about it.

Finally I post on how the growing adoption of renewable energy like solar and wind will require the grid to evolve into a much smarter, robust system and to incorporate systems for storing transient excess energy.

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?