23 Jan 2012
Smart grid venture capital funding plunged in 2011; Duke-Progress merger delayed and ABB Nissan testing new use for old Leaf batteries.
Smart Grid News: Smart Grid Venture Funding Plunges
Mercom Capital Group released its annual report on merger and acquisition and funding activity for 2011. Jesse Berst of Smart Grid News reports on the dramatic decrease in venture capital (VC) funding in 2011. ...
08 May 2012
The UK’s smart grid upgrade will increase employment and bring significant economic benefits.
What happened
The UK will see a £13bn (US$21bn) boost to its economy, as well as the creation of 10,000 highly skilled jobs if the country upgrades its electric distribution network with smart grid technology. This is according to an Ernst & Young report, “Smart Grid: A race worth winning.” Click Green says this report offers the “most detailed assessment yet” of the smart grid’s potential benefits for the UK’s economy.
Reuters reports...
23 Jan 2012
Four of the big players (in different aspects) of the smart grid have announced that they are making their products compatible with Sprint’s wireless network. This opens the question as to whether the cellular networks and the smart grid vendors and utilities are finally ready to collaborate.
What happened
Jesse Berst of Smart Grid News reports that four companies claim support for Sprint as a smart grid communications supplier. ...
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