Trying to stay on top of this stuff is kind of crazy. There are so many emerging technologies geared toward softening our blows to this fragile, beautiful planet. There seems to be quite a bit of buzz surrounding smart grid technology.

Smart grid technology relies on an intelligent [...]]]>

Smart Grid Technology. Soundcentury.

Trying to stay on top of this stuff is kind of crazy. There are so many emerging technologies geared toward softening our blows to this fragile, beautiful planet. There seems to be quite a bit of buzz surrounding smart grid technology.

Smart grid technology relies on an intelligent monitoring system, which keeps track of all electricity flowing out and about. It is essentially an upgrade to outdated, wasteful energy practices that will ultimately reduce costs by directing needed energy based on supply and demand. Bottom line…it’s smarter.

The demand is there right now for these modern electricity networks and according to the independent research and advisory firm Lux Research,

“Through the end of October 2008, VCs have put over $350 million into companies such as GridPoint and Silver Spring Networks (which received $120 million and $75 million respectively), and are on pace to eclipse batteries to become the most funded technology segment in alternative power and energy storage this year. Investors seeking to ride the wave of adoption as utilities transition from “dumb” to “smart” metering systems should move quickly to avoid missing the boat.”

A couple companies that look like they might rock this market are IBM, Cisco, Accenture and EnerNOC.

The Blur loves smart grid technology. Ha. ha. Maybe they do love it. Not sure about this, but this is a killer tune.