Summaries - Australian Financial Review
Tuesday 24/3/2009 Page: 31
The Australian Energy Regulator will next month hand down a decision on the smart grid plan proposed by Country Energy. CSIRO research shows 2.7 million jobs can be created by 2025 if Australia commits to 2050 carbon neutral target. A national framework on smart meters is being developed by the Ministerial Council on Energy.
IBM and the Australian Information Industry Association are pushing for more funding in smart energy projects. IBM Australia's Glen Boreham said Australia risks falling behind other countries in green-collar employment. The Federal Government rebates on solar panels has led to a surge in uptake, but Country Energy executive Col Ussher said renewable energy can cause additional work on utilities and create problems with its intermittent nature.
An intelligent smart grid network with real-time data collection capabilities will allow faults to be detected more quickly.
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