• The US Department of Energy has announced $620m funding for 32 projects to demonstrate Smart Grid technologies. Projects include large-scale energy storage, smart meters, distribution and transmission system monitoring devices. The funding is from the American Recovery and Reinvestment Act and will bring in a further $1bn from the private sector.
• The Energy Technologies Institute (ETI), a UK-based company formed from industry and Government to address the need for clean energy, has announced two projects to identify the problems associated with distributing renewable energy.
The Offshore Connection project will examine the issue of connection offshore energy to the grid, whilst the Network Capacity project will assess new technology solutions to enhance transmission and distribution capacity. They’re both due to be completed in seven months.
• Craig Conway, former PeopleSoft CEO, has joined the board of eMeter, a company that provides the software to enable smart grid deployment. eMeter, which is backed by a group of venture capitalists (although Siemens also has a stake), claims to have 24 million meters under contract. It also has strategic partnerships with Accenture, IBM, Logica, and Siemens, which is a pretty powerful collection.
It shows how mainstream smart meter technology is becoming when someone previously with a world class software company gets involved.