GE, Fuji Electric Create Smart Grid Venture "GE Fuji Meter Ltd"
Fuji and GE have created a new Smart Grid solution company (GE Fuji Meter Ltd) to provide smart grid technology to the Japanese market. According to both companies the joint venture is to design, build, market and service a new generation of electric meters, supporting Japan’s advancement to a smart grid infrastructure. The joint venture was finalized on February 1, 2011 and they have selected GE Energy’s Daniel T. Nakano to head the new venture.
GE today unveiled plans for a “Net Zero Energy Home” project which combines GE's most efficient appliances and lighting, the company's new energy management systems, and GE power generating and storing technologies in new home construction. When applied together, the system would enable a homeowner to achieve net zero energy costs by 2015. The Net Zero Energy Home project -- and new smart grid consumer poll data from the U.S. and the U.K.