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:

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.