New Smart Grid Technologies Target Businesses and Consumers

March 11, 2010

home energy management control

The latest analysis of smart grid adaptation suggests that, while consumers are certainly a target for new tools, saving businesses money may be a more direct and profitable market for developers of smart grid advancements.

The smart grid movement combines an amalgam of new digital and mechanical technologies aimed at improving the efficiency of our electrical infrastructure. At the consumer level, home energy monitors that inform customers about electric use, or Google’s free PowerMeter software, are examples of smart grid tools.

A panel of company leaders at the GoingGreen East conference in Boston this week provided a different perspective. Tim Healy, CEO of EnerNOC, and others on the panel suggested that saving business, industrial, and commercial entities money will be a more straightforward route to success than helping consumers with home utility bills.

Healy cited a study from the Shelton Group, a company whose research suggests that consumers are willing to absorb an increase of more than 70% in energy bills before investing in home smart grid tools.

The business sector has recently shown great interest in using smart grid advancements to lower energy use, which also reduces costs. Cisco Systems is providing solutions to increase energy efficiency, and Oracle and IBM are investing in new products to move the smart grid forward for businesses.

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9 Responses to New Smart Grid Technologies Target Businesses and Consumers

  1. […] of the night to run a load of laundry. GE has addressed that problem with its innovative line of Smart Grid appliances.  Check out the video below to see and hear more about these […]

  2. Engenharia on-line twitter.com on March 12, 2010 at 1:56 am

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  3. AURESIDE twitter.com on March 12, 2010 at 1:48 am

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  4. Instituto do Futuro twitter.com on March 12, 2010 at 1:47 am

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  5. Mike twitter.com on March 11, 2010 at 11:59 pm

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  7. uberVU - social comments on March 11, 2010 at 4:07 pm

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  8. GreenRecipe on March 11, 2010 at 11:59 pm

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