Australia’s National Energy Market is hamstrung by an out-dated, ‘dumb’ grid, and must be updated to face the realities of low carbon, low marginal cost energy generation. Greater inter-connectivity is the first critical step needed to ensure sufficient competition in the market to drive down prices, and allow the continuity of supply in periods of low renewable generation.A diversified energy mix is required to ensure continuity of low carbon energy supply and growth of investment opportunities. Continual and increasing investment in increasing efficiency of wind and solar photovoltaic power, as well as in alternative methods of generation such as bioenergy, geothermal, concentrated solar power, and tidal power is required.
Intel has signed a definitive agreement to acquire Itseez, a specialist in computer vision algorithms and applications for embedded and specialized hardware.These types of algorithms have applications in the Internet of Things (IoT) and for autonomous vehicles, which major technology companies and global automakers have been giving increasing levels of investment.The acquisition is part of Intel’s transition from a chip company that mainly focused on PCs to one that powers cloud technologies and smart-connected computing devices.
Automating and controlling various aspects of your home is both convenient and fun in a geeky way. A small portion of these home automation devices will also add comfort and have the potential to save you money. What? Save money? Yes. A smart thermostat can help you save money on your monthly bill. Unfortunately, you need to spend money to save money. But again, a smart thermostat is more than just a long term investment. It’s changing the temperature of your house from the comfort of the couch or bed. It’s monitoring the temperature of your baby room. It’s convenience, easy access, and money saving all in one nice package.
The cost of “smart” paving tiles that generate electrical power from human footfall will drop below £600/sq m this year, bringing them closer in line with high-end landscaping options for the first time, their inventor has claimed.Pavegen tiles generate about 7W of power from every footstep and store it in a battery to power street lighting or other streetside uses.The tech start-up became a crowdfunding success story last year when it won more than £750,000 of investment in just two days, through the website Crowdcube, then went on to attract more than £2m.
Source: Construction Manager – News
The Narendra Modi government’s vision of creating 100 smart cities will require an investment of over $150 billion over the next few years with private sector being a significant contributor, says a report.According to Deloitte, nearly $120 billion will come from the private sector.The government has already initiated two programmes with an initial outlay of $7.5 billion for ‘Smart Cities Mission’ and the ‘Atal Mission for Rejuvenation of Urban Transformation (AMRUT)’ for the upgradation of 500 existing cities.
Forescout, a network security startup that helps companies keep track of all the devices on their networks, announced that it raised $76 million in its latest investment round yesterday. The new round of funding brings the company’s total valuation to more than $1 billion, tripling its valuation in just 18 months.
Smart home startup Zuli just got some star power with an undisclosed amount of new funding from actor Leonardo DiCaprio, who also took a seat on the company’s board of advisors. DiCaprio has taken a role with the company in hopes of promoting sustainability. He has funded environmentally-focused startups before, but this appears to be his first smart home investment.
With a big splash on Sunday, Bill Gates unfurled a new investment fund for clean energy projects along with a who’s who of tech CEOs. Absent from the list was anyone from Google (or its parent, Alphabet).But that’s no sign it’s slouching on the matter, Google will have you know. On Thursday morning, the search giant announced its largest ever purchase of renewable energy to power its massive data centers. Google claims it’s the biggest such purchase from a non-utility company to date.
Nest Weave, the communications protocol that Nest uses to make its connected home devices talk to each other, definitely isn’t new. But as of today, Nest is making it part of its Works with Nest program so that third-party hardware makers and developers can use the protocol in their own products…Before now, developers could use Nest’s cloud API to connect to Nest products, which — while it’s easy implement — is more restricted because it requires that devices have a WiFi connection. Weave is going to take more investment and time to build into products, and it works with products that might not have or need WiFi.
However, so far, this has been primarily used to provide convenience and security for the owner, neither of which has a measurable return on investment.Now the great thing about Smart Home technology is that all of the pieces are there to do energy management while the Smart Home is ‘doing its day job’. Smart Homes can control heating and cooling, lighting, window shades, appliances, water heaters, pool pumps, etc. Smart Homes also can talk a variety of wired and wireless technologies and protocols.