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IBM Joins EcoGrid EU Renewable Energy-Smart Grid Consortium

By TriplePundit.com • on October 14, 2011

IBM’s signing on as a member of EcoGrid EU, a consortium of companies that is planning a European Union (EU) smart grid that will source at least 50% of its electrical power from renewable sources, such as wind, solar and biogas. Smart grids are central elements in making the transition from fossil fuel-based to clean, renewable energy systems. It will take massive investments in electrical power infrastructure and may take a decade or more to make the transition worldwide. The EcoGrid EU project is likely to speed up the process substantially.