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General Electric (GE) has stepped up its push into the smart grid sector by shelling out an undisclosed sum to acquire UK-based smart meter specialist Remote Energy Monitoring (REM) Ltd.
The acquisition of the Hertfordshire-based firm, which supplies one of the few smart meters to have gained official Ofgem approval, was completed on Tuesday with GE signaling that the company's operations will now be integrated with its existing Digital Energy division.

ge smart meter remote energy monitoring digital energy

General Electric today said it will spend $520 million to acquire Lineage Power Holdings, a company that specializes in fine-tuning power for servers, storage devices and other equipment inside datacenters.

GE bought the company from the Gores Group. Lineage pulled in $450 million of revenue in 2010.

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General Electric has made its first move into the fast-growing business of cutting electricity consumption by the telecoms and computer industries, buying Lineage Power for $520m from The Gores Group, a private equity firm.

The deal is GE’s third acquisition of an energy business in the past three months, as the group implements its plan to focus on infrastructure markets and reduce its reliance on financial services.

lineage power greennumbers ge general electric energy

For the past few years, General Electric Co. has invested heavily in creating lines of “smart” appliances and related products that allow consumers to increase energy efficiency in their homes by letting their appliances communicate with a new generation of smart electrical grids.
Read more: GE Appliances launches home-energy-management unit | Business First 

ge GE Appliances home-energy-management

How do you make sure a smart grid pilot project succeeds? General Electric and Accenture have written a report on the subject

Poorly executed pilot projects are over-budget, lack in clear goals, and fail to make key connections to stakeholders such as regulators and customers. For example, Xcel Energy’s SmartGridCity project in Boulder, Colo. shows some potential pitfalls that await utilities trying something new and complicated.

But sometimes it’s better to learn from the success stories rather than failures. Here are five key points for utilities both planning smart grid pilots and those with them underway. The U.S. has put $4.5 billion in stimulus funding into the smart grid sector, and China spent an estimated $7.3 billion last year, so there’s a lot of money at stake in coming up with the right answers.

greennumbers smart grid smart grid pilot pilot accenture general electric ge

1,500-lumen prototype produces as much light as a 100-watt halogen bulb, using 1/3 the energy. GE’s patented “dual cool jets” technology solves thermal challenges, enables lamp design that is half the size and weight of a 600-lumen LED downlight available today

ge led lighting lumen dual cool jets ge lighting

General Electric today announced that it will invest over $400 million into four centers of excellence dedicated toward designing and manufacturing refrigeration products.

A year ago, GE plunked $600 million into facilities for developing energy efficient washers and water heaters. Both efforts will lead to 1,300 jobs in the U.S., according to the company.

ge General Electric appliances greennumbers smart appliance energy star

From GE's Imagination Daily reports are details of GE's top 5 technologies for turning waste into energy. Everything from re-using industrial wastewater through to burning spent nuclear waste for energy!

ge waste to energy waste-to-energy greennumbers waste energy

Inside GE, Ecomagination is deemed a success, so much so that it has spawned a sister initiative (if you can spawn a sister) called Healthymagination, focused on profitably creating better health for more people. GE says that it expects Ecomagination product revenues to grow at twice the rate of GE's overall revenue between now and 2015.\n\nThe logic behind both initiatives is simple, Bob noted. Big global problems demand big solutions from big companies. GE prides itself on "tackling the world's most complex and pressing problems," as chief executive Jeff Immelt writes in the report.\n\nThe trouble is, the payoff for GE's shareholders have been disappointing. I didn't realize just how disappointing until I put together this chart comparing GE's stock-price performance to the S&P500 and to a couple of its conglomerate competitors, Siemens and United Technologies.

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General Electric on Monday said it will invest in and partner with SynapSense, a start-up that makes a system for reducing data center energy with the help of wireless sensors.

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GE wants to spark a revolution in the way we create and distribute electricity, and seizing on a critical underfunding of grid investments by the U.S. government (a paltry $3.4 billion) the 2nd largest company in the world (as ranked by Forbes) wants to do something about it.

GE is partnering with four major venture capital firms, including Al Gore-advised Kleiner Perkins, to issue the $200 million challenge to "...businesses, entrepreneurs, innovators, and students to share their best ideas and come together to take on one of the world’s toughest challenges – building the next-generation power grid to meet the needs of the 21st century."

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Homes are responsible for more than 20% of energy consumption in the United States. But how do you pinpoint the sources of all that CO2? An impressive new data-visualization tool from GE and Pentagram's Lisa Strausfeld, who knows from information design, helps determine precisely which household electronics do the most damage.

ge Pentagram household electronics greennumbers Home Homes energy consumption co2 data-visualization

WiMax supporter General Electric seems to acknowledge this present, more limited role for the technology, long championed by chipmaker Intel and its distribution partner Clearwire. And yet, the smart-meter manufacturer continues to consider WiMax a viable alternative across the smart grid.

wimax smart grid ge

GE are bringing out an LED bulb that'll replace incandescents, giving you 17 years worth of light from a $50 bulb.

So far, LED bulbs are much more expensive, and they haven't made a big splash in the market because of this and a lack of warm lighting (though the colors and temperatures are getting much better across the board). But GE hopes they'll be a game changer for LEDs.

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Last week, Forbes magazine published what the top U.S. corporations paid in taxes last year.

“Most egregious,” Forbes notes, is General Electric, which “generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.”

Big Oil giant Exxon Mobil, which last year reported a record $45.2 billion profit, paid the most taxes of any corporation, but none of it went to the IRS

Exxon Mobil greennumbers tax irs General Electric ge corporation tax

GE today announced plans to invest approximately €340 million to develop or expand its wind turbine manufacturing, engineering and service facilities in four European countries—the United Kingdom, Norway, Sweden and Germany

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GE will partner with the Chinese city of Yangzhou to build a smart grid demonstration center, the company announced Friday.

GE says the initial demonstration phase -- which will include wireless-enabled smart meters, home energy management systems and smart appliances set up in a 100,000-square-foot lab -- is designed to showcase how GE technologies can "help China improve the reliability, efficiency and carbon footprint of its energy delivery."

ge china smart grid yangzhou smart meters

"Cisco, together with utility, technology and local government partners, are developing some of the nation’s first projects to create a smarter electric grid. General Electric is also testing how smart appliances can help lower power demand in a pilot program at Masdar City in Abu Dhabi."

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GE has signed an agreement to help build an advanced smart grid infrastructure in Korea, together with Korea’s NURI Telecom.

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Imagine a refrigerator smart enough to cut your electricity bills.

Smart-grid start-up Tendril and General Electric later this year will test a smart-grid system that will allow GE's networked home appliances to take advantage of cheaper electricity rates, the companies announced Wednesday.

The joint development deal calls for GE to speak to Tendril's smart-grid software in a range of GE appliances--dishwashers, washing machines, refrigerators, and water heaters--over Zigbee wireless networks.

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