Smart-grid technology can help alleviate many of the problems associated with aging power grid infrastructure. In a video interview, GRID20/20 President Alan Snook talks about the basics of what it takes to build a smart grid, including the data and analytics that allow utilities to anticipate problems.
Ericsson has purchased utility-communications company Ambient to expand its smart-grid capabilities. Ericsson says it plans to merge the Ambient platform, focused on smart metering and distributed energy generation, into its Global Services unit. Ambient filed for bankruptcy protection this summer.
The European Network and Information Security Agency says it sees potential benefits of the smart grid, but also a need for more cybersecurity. The agency proposes an end-to-end strategy and a regulatory framework related to smart-grid security.
Vontobel Asset Management is investing less in clean-energy technologies, such as solar and wind, and more in smart grids and energy-efficient electric motors, according to this analysis. Citing the "current overcapacity" in alternative energy, Pascal Dudle, the head of the firm's global trend investing, told Bloomberg, "We are putting more emphasis on the energy-efficiency side, such as grid infrastructure markets and demand-side energy efficiency."
The energy management services market is forecast by Parks Associates to increase to more than $180 million in revenue by 2015. As a result, more companies will offer services in this market, and Parks predicts that at least 60% of U.S. households will have some type of networked energy management by 2022.