Here at Earth2Tech, Katie, Josie and the rest of the contributing writers do their best to provide you with a daily glimpse into the big news and trends in the world of cleantech. But we know it can sometimes be hard to see the forest for the trees: Smart grid investment and continuing woes for the U.S. automakers were clearly headline news this quarter, but from the dozens of product launches, funding announcements, and policy shenanigans, what’s worth revisiting? Over at GigaOM Pro (subscription required), we’ve reviewed and compiled the important news and analysis of the last three months to help identify the big themes from second quarter 2009.
As the first federal stimulus funds began to make their way across the country, second quarter saw a slight thawing of investor pocketbooks when it came to cleantech.
Smart Grid
The smart grid, in particular, continued to attract both media buzz and venture capital investors (who couldn’t seem to contain their excitement over finding cleantech investments that looked just like traditional IT plays: low capital, quick return, little to no technology risk). In fact, there was so much interest in the consumer-facing software component of the smart grid — home energy management systems — that there is already talk of a “bubble” in that space. Which was not enough to keep software giant Microsoft from making noise in the home-energy realm.
On the networking and utility-facing software fronts, infotech leaders Cisco and Oracle also threw their sizeable hats into the smart-grid ring in second quarter, both with solutions aimed at utilities: Cisco on the networking and communications front and Oracle with a software package to help utilities integrate with smart meters, balance system loads, respond to outages, manage customer billing and offer time-of-use pricing.
The two primary issues hanging over the smart grid space continue to be energy storage and a lack of standards for interoperability. The National Institute of Standards and Technology (NIST) is so far on-track to meet its ambitious September 2009 deadline to resolve the standards issue, and many industry watchers were relieved to see that the first batch of standards (released in second quarter) mirrored those that already dominate the industry. The energy storage problem is farther from a resolution, but a few promising startups emerged this quarter with potential solutions.
via Report: What was Hot in Cleantech in Q2? Smart Grid, Plug-Ins.
