Cisco, together with utility, technology and local government partners, are developing some of the nation’s first projects to create a smarter electric grid. General Electric is also testing how smart appliances can help lower power demand in a pilot program at Masdar City in Abu Dhabi.
Hoping for a piece of the $4.5 billion in funding set aside for smart-grid projects under the American Recovery and Reinvestment Act, Pacific Gas and Electric Co. (PG&E), IBM, Cisco Systems, Stanford University and the city of San Jose have applied to the U.S. Department of Energy for a $42.5 million grant to launch a state-of-the-art smart-grid project to help manage energy consumption by customers and the clean power they produce with solar panels, reports the San Francisco Chronicle.
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