The Australian Government announced in the 2009-10 Budget that it would invest up to $100 million to develop the Smart Grid, Smart City demonstration project in partnership with the energy sector.
The initiative will support the installation of Australia’s first commercial-scale smart grid. Smart grids combine advanced communication, sensing and metering infrastructure with existing energy networks. This enables a combination of applications that can deliver a more efficient, robust and consumer-friendly electricity network. Smart grid infrastructure uses sensors, meters, digital devices and analytic tools to automate, monitor and control the two-way flow of energy from power plant to plug.
Smart grids have the potential to transform the way we use energy in our homes and businesses…
via National Energy Efficiency Initiative – Smart Grid, Smart City – Home Page.
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