While there will be close to $4 billion in stimulus funds allocated for the smart grid buildout to utilities and tech vendors, some executives are worried that the stimulus funds could actually cause quite a few problems for smart grid technology vendors. Those were the thoughts of some execs at the AlwaysOn GoingGreen conference in Sausalito, Calif. on Wednesday.
Utilities have moved more slowly recently, waiting for the funds to be allocated (likely not until mid-October or early November) before doing deals with tech vendors, pointed out Cree Edwards, the CEO of smart meter data software maker eMeter. It has slowed the process down a bit, acknowledged Adrian Tuck, the CEO of energy management startup Tendril.
via How the Stimulus Funds Could Hinder A Smart Grid Buildout.
