Applying Technology to Energy Efficiency: observers of the VC industry might have noticed that clean technology has been attracting ever larger amounts of financing. In the most recent quarter it received $843 MM, trailing only software and biotech. Primary investments in fuels and generation don’t meet our parameters for capital efficiency. As a result, we’ve been looking for what we’ve termed “second-order investments” — particularly the application of software and networking to efficiency.
It appears that the technology for enabling this might be emerging. In particular, we’re fascinated by the combination of low-cost wireless sensors and widespread home broadband.. One can easily imagine an energy saving kit comprising of sensors to monitor the power usage of all major appliances , a WiFi gateway to connect these sensors to the internet, and a web application which aggregates the information.
The complete story here.
Written by marcozennaro
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