
In these tough times of economic recession, more and more companies and individuals are looking at ways to reduce operating margins and household expenses. Global warming has been slowly but surely taken its toll on our valuable resources world over.The global economic crisis however has managed to cast a shadow over global warming and going green as the most important event of discussion so much so that the main agenda at this year’s G20 meet at London most top officials were discussing how to rescue financial institutions world over.
In the mean while some top internet entrepreneurs are planning to create Business solutions that would give opportunities to a new breed of companies keeping climate change and energy saving in the backdrop.Amsterdam has been touted as the world’s first eco-city/smart city with MNC’s like IBM, Philips and Cisco look to implement a pilot program in 500 households that is designed to save energy costs and reduce the electricity bills.Banks like ING and Rabobank are providing financial assistance to 728 households for energy efficient lamps and ultra-efficient roof insulation. The projects, all getting under way over the next few months, represent Amsterdam's initial steps toward making its infrastructure more eco-friendly. The move comes as governments worldwide set aside billions of dollars to create so-called "smart cities," or towns that mix renewable projects, next-generation energy efficiency, and government support to cut overall carbon dioxide footprints.Smart Grid technology as it is known is set to pioneer the next couple of decades. Many companies are trying out various experiments by which all your household devices would be connected to a single grid that can communicate over the internet to a central server that uses Business Intelligence and may design energy solutions that could lead to tremendous cost savings.Incase your household device is consuming more energy such a grid could send you an sms,an email or even beep to indicate those levels.New age energy companies are now going to sell you new appliances that are hybrids/solar convertibles and even use Artificial intelligence to switch off lights automatically when not in use.Simple facts as keeping your air-conditioner at a temperature higher by 1 degree could result in energy savings of 5-15 percent of your monthly electricity bill could be relayed from time to time as on www.google.org.The Google power meter is one such smart grid that allows users to voluntary to connect their household appliances and be monitored for energy efficiency. These advanced power meters are supposed to be deployed in 40 million households all across the USA also as a part of the funding to be given by the President Obama government. Most devices as of today do not communicate the information to the end user.These grids could lay the stepping stone for companies and individual households in going green and at the same time create business opportunities for a breed of new age manufacturers that concentrate on designing energy efficient products.http://www.businessweek.com/globalbiz/content/mar2009/gb20090313_662708_page_2.htm
www.google.org

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