Australia today announced a $100 million plan for the country’s first commercial-scale “smart” grid to deliver electricity.
The “Smart Grid, Smart City” initiative will be a cooperative effort between the Australian government and the energy and communications sectors. The program has the potential to reduce home energy bills, reduce carbon pollution and help tackle climate change, the government says.
Australia has surpassed the United States as the world’s biggest per capita producer of carbon emissions.
“From the power plant to the power point, smart grids enable a two-way flow of information between energy suppliers and consumers,” Environment Minister Peter Garrett said in a release. “Linking all these energy data points creates a web of information so that energy can be delivered where and when it is required. The potential economic benefits of creating an Internet for the energy industry are staggering.”