A new report by Innovation Observatory, more than $378 billion will be collectively invested in building electricity smart grids by 2030. Sources: Http://Xrl.Us/Bii2sf http://xrl.us/bigqfh

Wednesday, May 20, 2009

Google dribbles out PowerMeter smart-grid service !!!

May 20, 2009 5:19 AM PDT

Google has signed on smart-meter manufacturer Itron and eight utilities to offer Google's PowerMeter Web service for monitoring home energy use.

PowerMeter reads a home's electricity meter and gives the consumer a detailed readout of usage. The idea is that a better understanding of electricity usage--presented via daily trends and data on individual appliances--will help people figure out how to cut consumption.

Google's home energy-monitoring software relies on meters, or add-on devices, that can communicate usage information back to utilties. In a blog post on Tuesday, Google engineer Ed Lu said that the company is seeking to find more smart-meter vendors and utilities to offer PowerMeter.

"For now, Google PowerMeter is only available to a limited group of customers, but we plan to expand our roll out later this year," Lu wrote.

In a document prepaid for utilities, Google says that PowerMeter is a free, opt-in service.

Google's push into home energy monitoring is likely to be well received by consumers who want details on how they are consuming electricity. It is estimated that simply surfacing information on trends and individual appliances will allow the typical consumer to lower electricity use by 5 to 15 percent.

Within the smart-grid industry, Google is poised to make an impact as well. A number of start-ups offer home energy monitoring, through Web sites or a small device in the home.

Large IT and telecommunications providers are developing smart-grid technology as well. Cisco Systems said Monday that it intends to offer home energy monitoring, potentially as an add-on to its home network hardware. Telecommunications companies including Verizon Communicationsare exploring adding energy monitoring to their broadband services.

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