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Business Daily: Re-wiring the future

20/10/2010

Re-wiring the future

BBC World Service - Business Daily, Re-wiring the future

Siemens boss Peter Löscher talks about how 'a smart grid' can save power

Siemens' boss Peter Löscher talks about how 'a smart grid' designed by his company can save power for Abu Dhabi's new eco-city. Plus, the new batteries which store wind power for the grid.

Many investors see huge opportunities in what is called 'the smart electricity grid' which cuts down the waste of energy and allows the flow to become two-way.  

Dutch venture capitalist Rene Savelsberg, chief executive of S E. T. Venture Partners describes the attractions of a smart grid.   

And Peter Löscher chief executive of Siemens, tells Lesley Curwen how 'a smart grid' designed by his company can save power for Abu Dhabi's new eco-city, Masdar City.

Plus, Darrell Hayslip the chief executive of Xtreme Power, describes the new batteries which can store up wind power, ready for use by the grid.

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