SMART GRID FOR THE EV

IBM Joins EDISON Project to Build Smart Grid for Electric Cars
February 25, 2009 (CNN Money)

"IBM (NYSE: IBM) today announced its membership in the EDISON research consortium, a Denmark-based collaborative aimed at developing an intelligent infrastructure that will make possible the large scale adoption of electric vehicles powered by sustainable energy.

"The EDISON effort (Electric Vehicles in a Distributed and Integrated Market using Sustainable Energy and Open Networks) consists of IBM, Denmark's largest energy company DONG Energy, the regional energy company of Oestkraft, Technical University of Denmark, Siemens, Eurisco and the Danish Energy Association. Due to the environmental benefits of the electric vehicle technologies, the research will be partly funded by the Danish government."

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"Market introduction and investment plans in Denmark will result in upwards of 10% of the country's vehicles being all electric or hybrid electric during the coming years…To achieve this on a large scale, electric vehicles require smart technologies to control charging and billing and to ensure the stability of the overall energy system…

"The first step of the consortium is to develop smart technologies to be implemented on the Danish island of Bornholm, designed to function as a testbed. The island has 40,000 inhabitants and an energy infrastructure characterized by a large proportion of wind energy…The studies will be simulation-based…"

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"… researchers from IBM Denmark and from IBM's Zurich Research Laboratory will develop smart technologies that synchronize the charging of the electric vehicles with the availability of wind in the grid…

"While various companies have announced initiatives in Denmark that will contribute to the overall adoption of an electric vehicle system, EDISON will address the entire end-to-end process to make the system possible… ensuring overall grid stability and supporting the increased use of renewable energy…IBM is working with clients in nearly 50 Smart Grid engagements … "