Smart grid comes home: Google buys Nest

January 14, 2014 at 11:08 pm

Yesterday Google announced the purchase of Nest, a company that makes “smart” thermostats. Why would Google pay such a handsome price ($3.2 billion) for something as prosaic as thermostats? In short, because these devices may represent the single largest untapped energy management opportunity available — something that many utilities probably would gladly pay for. Not to mention, smart thermostats also provide a way to bring energy management inside the home.

Full post on Siemens Smart Grid Watch blog: Google’s Nest acquisition brings the smart grid closer to home

Advertisements

Entry filed under: business, consumer benefits, demand response, Energy Efficiency, Home energy management, residential, Utilities.

Look beyond meter-to-cash for smart metering benefits


Posts

January 2014
M T W T F S S
« Nov    
 12345
6789101112
13141516171819
20212223242526
2728293031  

Archives

Twitter Updates

Error: Twitter did not respond. Please wait a few minutes and refresh this page.


%d bloggers like this: