IBM has announced that it has joined the consortium developing the EcoGrid EU Project, intended to help develop an energy grid that uses at least 50 per cent of renewable energy sources.
The EcoGrid EU Project will demonstrate a smart energy grid that will allow smart devices to use renewable energy electricity.
Guido Bartels, general manager of Energy and Utilities at IBM and chairman of the Global Smart Grid Federation, said: “By taking into account real-time condition, we can increase the use of renewable energy, balance grid load, reduce failures, and accommodate consumer preferences and their desire to reduce energy consumption. The EcoGrid EU Project demonstrates our steady movement towards a sophisticated smart grid that will be capable of managing the future requirements for energy.”
The EcoGrid EU Project is in support of the European Commission’s 20/20/20 plan, which is to cut greenhouse gas emissions by 20 per cent, increase renewable energy usage by 20 per cent, and to reduce energy consumption through improved efficiencies by 20 per cent by 2020.
For more Smart Grid news click here