GE creates home energy unit in smart-grid play
General Electric has created a Home Energy Management business in a bid to apply digital technologies to energy efficiency in consumers' homes and the electric grid, the company said today.
The business unit, part of GE Appliances & Lighting, combines "smart" appliances and an Internet-based home energy management system called Nucleus, which is set for release next year.
By making a single business unit for home energy, GE is trying to focus its efforts on consumer interest in smart-grid technologies geared at using energy more efficiently, the company said.
"It makes economic and environmental sense for the … Read more