Smart Tech
Green IT, smart grid, demand response and telecommunications in the electricity system

News Briefs

  • New genome research to help Canada’s forests better deal with climate change +

    Climate change is affecting Canada’s forests - trees are poorly adapted for warmer temperatures and are prone to disease. A project Read More
  • Kodiak Island to get upgraded battery energy storage system from Younicos +

    The Kodiak Electric Association (KEA) in Alaska has tapped Younicos to design, install and commission a new 3 MW battery Read More
  • Growth in hybrid vehicle revenue to grow 20% annually over next 10 years +

    Recent data from Future Market Insights indicates that global revenue from the sale of hybrid vehicles will reach US$430 billion Read More
  • Boralex closes financing for Ontario wind project +

    Boralex Inc. has closed a $33.4 million financing for the 10 MW Port Ryerse wind farm in Ontario. The New York branch of Read More
  • Metlife achieves carbon neutrality +

    Metlife has reached its 2015 goal of becoming carbon neutrality, the first US insurance company to do so. Announced on Read More
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Stock Market

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Behind the meter energy storage has been hailed as a game changer for residential and commercial users to shed load, shave peak demand and as a simple backup power solution in the case of an outage. But one Canadian company, illuma-Drive, aims to change the way we think about the smart home and the connected business by combining centrally controlled intelligent LED lighting with energy storage.

The benefits of adding communications intelligence to an electric utility’s network have long been talked. They range from more effective outage systems, better energy conservation results and a more granular level of grid management. BC Hydro is one such integrated electric utility that has already begun to reap the benefits of its smart grid investment.

Emerging and upstart information technology (IT) innovation companies now have another source of venture capital after BDC Capital announced that it is launching its $150 million IT Venture Fund II. Combined with the original fund, BDC’s IT funds now count $300 million.

Security and transportation giant Thales and Survalent Technologies have teamed up to improve technology that will help utilities prepare for a distributed energy future.

Toronto-based CircuitMeter Inc. is now working on submetering technology innovation at the Cisco Innovation Centre. Announced earlier this week, CircuitMeter will join a number of other companies working on innovation for smart cities and smart buildings.