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With a wave of electric cars expected to come to the grid, smart-grid company GridPoint buys "smart charging" expertise from V2Green, part of a $120 million capital investment.
Electric cars will stress utilities' grids. GridPoint raises $48.5 million and adds power industry executives to its board.
Company is trying to raise more than $32 million in a fourth round of funding as it tests its smart-grid appliance with utility companies.
An early mover in the smart grid, GridPoint is expanding into commercial energy management, a sign of how slowly utilities are adopting smart-grid technology.
Dozens of companies are developing tools to get consumers involved in home energy management, but businesses are easier customers to serve, say smart-grid execs.
As part of its work with plug-in electric vehicles, Google is testing software designed to let cars recharge without stressing the grid.
Rafe Needleman talks with Tendril CEO Adrian Tuck about the smart grid and smarter devices.
Mainstream plug-in electric cars will be available in two years, but auto makers will introduce them in welcoming communities first to boost their odds of success.
Plus: carbon regulations, a hybrid battery for cars, Mitt Romney's case for auto bankruptcy, CEO lobby for carbon regulations, and Obama calls for quick action.
Plugging smart grid technologies into the electricity grid is too slow and piecemeal. So IBM is developing a technical framework to speed integration.