Cisco releases new Smart Grid technologies

Cisco releases smart energy tools that allow users to manage energy consumption.

By Source: GreenBiz.com May 20, 2009

Following Cisco’s Energy Smart Miami project last month-a

$200 million initiative that will bring smart meter and solar power systems to

the city of Miami-Cisco announced a new line of technologies aimed at making

the country’s electrical infrastructure more energy efficient, responsive, and

secure.

Cisco’s SmartGrid solutions lay out a framework of smart

energy tools; covering everything from homes and office buildings to data

center and electrical substations. The tools will allow utility companies and

their customers to manage power supplies and energy consumption more

efficiently.

Cisco expects the Smart Grid infrastructure will become a

$20 billion market by 2015. Moving to a system that allows for on-demand,

instead of always-on, energy utilization can save the U.S. 10 to 15% or more of

overall energy use Cisco believes. The industry also will have the ability to

create as many as 280,000 jobs.

“Networking technology will serve as the platform of a

smart, more secure energy grid for the 21st century,” Cisco chairman and

CEO John Chambers said in a statement. “Cisco is uniquely positioned to

provide a converged Smart Grid communications fabric and to assist our utility

customers with the kind of business transformation that will enable the

efficient, effective transmission of energy and deliver entirely new,

environmentally-friendly services to consumers.”