Wednesday, September 24, 2008

GE, Google partner for ‘smart’ electricity grid


(Photo of electric grid from Flickr and photographer Mark , Sardella)

News Update: If you google “Google GE smart grid” you will find stories about a new agreement between Google and GE to develop a more advanced electricity grid. But I’ll save you the trouble and summarize here. Recognizing the grid hasn’t changed much since Thomas Edison built the first power plant, the two behemoths are combining their brain power and finances to develop an expanded grid that can support plug-in cars and renewable energy sources – and even help consumers who want to generate power and sell it to the grid. The CEOs of both companies agreed last week to lobby for a “21st century” grid that lets utilities and end users manage electricity more efficiently. An initial goal is to accommodate power from renewable sources that may be removed from the existing grid. The two partners also will develop enhanced geothermal systems, which can serve as a steady backup for intermittent sources like wind and solar. And they said they may look at co-financing wind or solar development in the future. (Source: Greenwire)

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