Posts filed under ‘business’

Smart grid comes home: Google buys Nest

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

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January 14, 2014 at 11:08 pm

Look beyond meter-to-cash for smart metering benefits

Meter-to-cash (M2C) is one of the most common business justifications for deploying smart meters and meter data management (MDM) platforms. But MDM is much more than just M2C. MDM can comprise several strategies that help utilities increase revenues and reduce costs, not just through the billing system.

Full post: Meter-to-cash: What it is, and why it’s only the starting point for smart meter benefits

November 23, 2013 at 3:55 pm

Analytics for utility business intelligence: Training May 29-31

Later this month in San Francisco, eMeter, a Siemens business, will offer a special three-day, hands-on workshop. Here utilities will learn how to use eMeter’s Analytics Foundation to solve problems and support core business goals. This course will cover some key aspects and capabilities of the latest version (1.2) of the Analytics Foundation package for Energy IP 7.X.

Full post: Training May 29-31: Using analytics for business intelligence

May 10, 2013 at 7:21 pm

President’s green energy vision: High marks for Siemens, missed the mark on smart grid

Last night, when describing his vision for America, President Obama told the story of Jackie Bray, a single mom from Charlotte, N.C. who was laid off from her job. Then someone stepped up in her community and opened a gas turbine factory, started a job training program at the local college, paid her tuition — and hired her to work in their plant.

That company was Siemens. I’ve never been prouder to work for any company (which I’ve now done for all of two weeks, since Siemens acquired eMeter).

Full post: Obama’s green energy vision: High marks for Siemens, missed the mark on the smart grid

January 25, 2012 at 5:57 pm

Home energy management networks: how should they be controlled?

Realizing full benefits from a smart grid ultimately means controlling devices in customers’ homes, businesses, and other facilities. But who should exercise that control, and how?

My esteemed colleague, Harvey Michaels, stays young by examining the questions raised by how technology is transforming the energy industry. He teaches an energy efficiency course to eager students at the Massachusetts Institute of Technology.

A recent paper he co-authored with Kat Donnelly considers these questions:

  • Should utilities provide dynamic pricing or control customer systems directly?
  • Should utilities be required to give customers access to their detailed energy usage data?
  • Should consumers be allowed the option of sending their energy data to web applications, third parties, or community initiatives?

Full post: How should home energy management networks be controlled?

December 7, 2011 at 9:59 pm

U.K. 2012 smart meter plans moving ahead full throttle

In a speech at the recent Smart Metering Forum in London, Charles Hendry (head of the U.K. Department of Energy & Climate Change) said consumers are the heart of Great Britain’s smart metering initiative — and he explained how that initiative is gaining steam.

DECC forecasts that smart metering will provide the U.K. with up to €6 billion in benefits to consumers, suppliers and network operators. But in order to realize those benefits, consumers must understand their energy use. Also, a new business model is needed. This means the U.K. government must create an enduring regulatory and commercial framework for the smart grid.

Toward these ends, here’s what DECC plans for 2012…

Full post by Alicia Carrasco: U.K. smart meters: 2012 plans moving ahead full throttle

December 6, 2011 at 11:52 pm

Don’t tie electric vehicle charging to smart grid requirements

Getting more electric vehicles on the road is a good idea — but electric vehicle charging does not require smart grid solutions. In fact, tying EV infrastructure to smart grid policies and solutions would only inhibit EV adoption.

Full post by Larsh Johnson: Keep the smart grid away from my electric vehicle!

September 12, 2011 at 5:39 pm

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