Cisco: Smart grid will eclipse size of Internet

[David Farber <dave () farber net>]

Begin forwarded message:

From: dewayne () warpspeed com (Dewayne Hendricks)
Date: May 19, 2009 9:10:25 AM EDT
To: Dewayne-Net Technology List <xyzzy () warpspeed com>
Subject: [Dewayne-Net] Cisco: Smart grid will eclipse size of Internet

CISCO: SMART GRID WILL ECLIPSE SIZE OF INTERNET
Cisco sees a $100 billion market opportunity in the smart grid. The  
company make communications equipment for the electricity grid --  
everything from routers in grid substations to home energy  
controllers. Cisco's move is a sign that the creaky electricity  
distribution system is poised for a digital upgrade. Other high-tech  
companies, including IBM, Intel, and several start-ups, are ramping up  
smart-grid efforts to capitalize on expected investments from  
utilities and federal governments. Cisco estimates that the  
communications portion of that build-out is worth $20 billion a year  
over the next five years. The idea of the "smart grid" is to modernize  
the electricity industry by overlaying digital communications onto the  
grid. Smart meters in a person's home, for example, can communicate  
energy usage to utilities in near real time. That allows the utility  
to more efficiently manage the electricity supply and potentially  
allow a consumer to take advantage of cheaper rates.

<http://news.cnet.com/8301-11128_3-10241102-54.html?part=rss&subj=news&tag=2547-1_3-0-5 
>

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