The Smart Grid Industry: Acquisitions & Expansions

Here's an interesting article about the Smart Grid industry by Greentech Media. The Smart Grid emerged from the Energy Independence and Security Act of 2007 (Title 13) which provided incestives and reimbursements for protecting consumers, improving the energy performance of the Federal Government and the development of various energy solutions. Title 13 recognizes that energy indepedence and security are complimentary halves of the same stone.

One of these goals included the modernization of the power grid. At this time, our electricity grid is largely unprepared to manage the high-load demands of a rapidly digitizing economy. The smart grid is its evolving form. It consists of smart sensors, computers, and intelligent communications software that help manage the efficiency, delivery and use of electricity. Smart grid companies provide these management software and services to industrials clients. Right now, players in that industry are starting to consolidate. Even though we don't hear about them in the mainstream media, these smart grid players and their services are in the forefront of an emerging energy-efficient future. 

 

About the Author: Akemi Hong is a writer and graphic designer. You"ll find Akemi occupied indoors as a marketing and design associate for 1STOPlighting.  

 

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