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"The Department of Energy will be pushing out $4.5 billion for smart grid investments as part of the federal government's economic stimulus plan, but unless smart-grid standards are developed quickly, the government risks wasting its money on soon-obsolete technologies that could be incompatible with one another, regulators and industry representatives warned Congress Tuesday."

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OB energy standards

"The search giant on Tuesday muscled into the burgeoning smart-grid software business, showing off a prototype Web application that displays home energy consumption broken down by appliance. The software uses so-called smart meters, which can communicate home energy consumption back to utilities every few minutes."

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OB energy power Google

"Smarter infrastructure is by far our best path to creating new jobs and stimulating growth. We at IBM were asked to map this out by President-elect Barack Obama's transition team, and our research shows that a $30 billion stimulus investment in just three areas -- smart grids, health-care IT and broadband -- could yield almost one million new jobs within one year. That's possible because these kinds of infrastructure have significantly greater economic and societal multiplier effects than traditional infrastructure like bridges and highways."

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OB energy healthcare broadband IBM Obama smarter planet

"Watches and other battery-powered devices are likewise going off the grid, in this case the battery replacement grid. Small solar cells on the face of such products provide enough power to run most such devices. I recall having a solar-powered calculator back in the 1990s, so their proliferation is as much a function as reducing the energy drain of the device as increasing the capability of the cell. Expect cell phones to go next. But the real breakthroughs are yet to come, and are being driven by companies like IBM."

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OB energy grid IBM smarter planet