Because the current electric grid is 30 to 40 years old, Kapoor sees a new "smart" grid as an attractive investment.
So-called smart grids let customers instantly see the price of the power they are buying, which is expected to cut demand during daily peak load hours and reduce demand from centralized traditional fossil-fuel power plants.
Sunday, December 7, 2008
Smart-Grid Net, Not Specific Fuels, Seen as Focus of VC Investments
Infrastrucutre to deliver energy, not specific altneratives to fossill fuels such as solar or biofuel, is where much of venture capital's "green" investments will be made, Arrun Kapoor (below) of SJF Funds, a venture capital fund where half of the investment is in "green" projects, tells Reuters:
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Lots of green energy and infrastructure development also means huge sums being spent on the products and services of green companies. Stocks of these companies could benefit significantly!
For anyone interested in green investing, I have one of the most popular sites on the web on the subject. It also covers the latest related global news and research too. It's at http://investingforthesoul.com/
Best wishes, Ron Robins
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