April 28, 2009
GE Sees $4B Potential in Smart Grids
Within three or four years, GE is poised to reap as much as $4 billion a year in revenue from smart grid technologies, said John Krenicki, vice chairman and chief executive of GE’s Energy Infrastructure unit.
“It’s going to be a lot like wind. It’s going to take off quickly,” Krenecki said during a recent shareholders meeting, according to Reuters.
GE, which makes smart grid meters and the systems to monitor them, is involved in the ambitious $200 million Miami smart grid project.
John McDonald, GE’s general manager of marketing for GE Energy’s transmission & distribution business, spoke April 23 at a panel discussion on smart grid standards and needs at the Institute of Electrical and Electronics Engineers (IEEE) Power & Energy Society Executive Committee meeting in Arlington, Va.
McDonald, a member of the Department of Energy’s Smart Grid Electricity Advisory Committee, is past president of the IEEE Power & Energy Society, a director of IEEE, a director of the GridWise Alliance and a NEMA Smart Grid Task Force member.
McDonald is going on a U.S. tour of sorts this year, giving a series of talks about smart grids under the title “Smarter Ways to a Smarter Grid” at the following events.
- May 29: One-day smart grid workshop hosted by the IEEE PES Tampa Chapter at Seminole Electric in Tampa, Fla.-open to the public
- June 23-28: IEEE Board Series Meetings in Los Angeles, Calif.
- July 26-31: IEEE PES General Meeting in Calgary, Alberta, Canada, including IEEE PES Governing Board Meeting
- Oct. 1-2: Smart Grid Course in Schenectady, N.Y.-open to the public
- Oct. 29-30: IEEE PES Executive Committee Meeting with focus on Smart Grid in Abu Dhabi
- Nov. 9-13: Modern Energy Management Systems course at Georgia Tech in Atlanta, Ga.
- Nov. 17-22: IEEE Board Series Meetings in New Brunswick, N.J.
Advertisers
Enhance Sustainability. Improve Profitability.
Learn how at the SAP Sustainability Resource Center. >>
EFFECTIVELY MANAGE WATER COMPLIANCE
Understand how increased enforcement may affect your company. Find out more >>
EPA mandatory emissions reporting starts Jan 1st
CSA Standards can help your organization get ready for compliance. Find out how. >>
Recent Daily News [ see all ]
- 11/06/2009
- 11/05/2009
- 11/04/2009
- Emissions Intensity Falling Globally
- JohnsonDiversey Ups GHG Reduction Target to 25%
- Sainsbury’s Offers Free London Electric Car Charging
- Carbon Trading Could Trigger a ‘Sub-prime Style’ Economic Crash
- Peabody, Exxon Accused of Undermining Climate Talks
- BMW, Toyota, Ford Tout Eco-cars
- In ‘Apathy Gap,’ Energy Efficiency at Home Ranks Low
- China Pushes for CO2 Storage, Not Emissions Reductions
- Clean Tech VC Funding On Rebound, Up 50% Since 2nd Quarter
- IECC Building Code Recommendations Add Up to 30% in Energy Efficiency Gains
- Disney Buys $7M in Reforestation Offsets, a Corporate Record
- McKesson to Save $300K Via Fuel-Efficient Vehicles
- Sprint to Save $2.1M With Eco-Friendly Packaging
- U.S. Export-Import Bank Adopts Carbon Policy to Support Renewable Energy
- Greening the Automotive Supply Chain
- Yokohama Rubber Cuts GHG Emissions 13.4% in 2008
- Electronics Industry Lawsuit Called ‘Attack on States’ Rights’
- Wal-Mart Adding LEDs to 650 Stores
- One Committee Down for Senate Climate Bill, Five More to Go
- EU Poised to Give Heavy Industry Free Carbon Permits
- ResponsibleTravel.com Scuttles Carbon Offsetting Option
- U.S. Cap-and-Trade Creates Winners and Losers among Largest Emitters
- DOE Awards $155M to Make Industrial Sector More Energy Efficient
- System Upgrades Power Up Energy Savings for Hotels
- Xerox Cuts GHG Emissions by 20% from 2002
- Waste Management Landfill Gas Project Complete
- Intel, Pepsi, Kohl’s Stay Atop Green Power Partnership list
- Wal-Mart Thinks Big With Smaller Stores
- Despite Critics, Gore ‘Proud’ to Invest in Green Firms
- Metal Recyclers Spar Over Ship Recycling Site
Industry Voices [ see all ]
A Roadmap for a Renewable Energy Partnership
Brad Cashaw
Vice President
Quaker Foods and Snacks Supply Chain and Sustainability
Forest Carbon Core to Climate Change Deal
Chris Elliott
Forest Carbon Initiative Lead
World Wildlife Fund
VCS and CarbonFix Tops in Review of Forestry Carbon Standards
Paulo Lopes
Carbon Management Consultant
Carbon Clear







Join the Discussion