ICT spending within the utility sector in Australia is forecast to grow by five-year compound annual growth rate of of 2.3 per cent to more than $1.9 billion in 2015, according to IDC's Utilities Market Forecast and Analysis report.
Ausgrid managing director, George Maltabarow, has used a speech in Sydney today to further spruik the potential of smart grid technology and agitate for a shift in regulatory incentives to favour energy demand management over capacity building.
You may have heard about the Smart Grid, it has become a buzz word around developments in the energy market. But not everyone knows what the grid is, let alone the Smart Grid.
NSW energy utility company, Ausgrid, will be using the customer feedback results from smart meter trials which begin in October to make a strong business case for the development of further smart grid deployments.
Telecoms analyst Paul Budde has cited the carbon tax as an opportunity to create innovation in the IT sector, describing it as the second major reform from Labor after the National Broadband Network (NBN).
New South Wales energy utility Ausgrid is exploring customer rebates and reduced tariffs based on the differing energy saving technologies deployed at 50,000 homes slated for the Federal Government’s $100 million Smart Grid, Smart City project.
The University of New South Wales (UNSW) has added an extra session of its newly introduced smart grid short course in an effort to build as skills base of engineers in an area of increasing demand.
Houses in the Newcastle and Scone regions of NSW have been selected to trial battery-powered “micro-grid” which can increase energy efficiency and reduce the impact of outages.
Australian software developer BuildingIQ will soon be offering its smart building services to US companies thanks to securing a runner up prize in the NSW Innovation Showcase: Fastpitch competition.
Smart grid technology and utilities management provider Intermoco (ASX:INT) has announced plans to raise nearly $1.2 million in a rights issue.
IT and business services provider, Logica Australia, has continued its push into the smart grid market by signing with Cisco to offer smart grid IP network design and infrastructure services to local energy and utilities companies.
Victoria’s failed smart meter rollout has prompted a radical shift in the way that smart grids are viewed by the energy sector, according to Logica.
The energy utility charged with running the Federal Government’s $100 million <i>Smart Grid, Smart City</i> trial across NSW this week backflipped on plans to build a WiMAX wireless broadband network, instead choosing long term evolution (LTE) as a technology base.
Victorian electricity distributor SP AusNet has nearly completed phase one of its rollout of some 680,000 smart meters in the state.
Natural disasters, resource management, life sciences and e-health will be keyed as high priorities for a new global research and development lab to be opened at the University of Melbourne by IBM.