Smart grids, renewables and alternative fuels
 976_ 3/1/11 - Speaking of the future, the future is now, and we're going to be talking about grid based communications and energy informatics. Larry sat down with John LoPorto, President & CEO, Power Tagging Technologies (big CTP supporter) to talk about a very exciting and emerging area. With John's experience, Larry asked John, "What are the challenges facing entrepreneurs today?" John replied, "it's very difficult to get access to capital. Not impossible. We've actually been very fortunate in raising growth capital. We've raised most of it through strategic investors; we're in the midst of raising another round right now. But something I think has changed over the last number of years is we've got to be able to demonstrate a very solid, very quantifiable business plan. It's all based on economic return. No one is investing in technology for technology's sake any more. Larry asked, "Take out your crystal ball, what opportunities are coming for entrepreneurs in the next decade?" John's insight, "I think this green sector, whether we're talking about smart grids, renewables or alternative fuels, will continue to be an exciting opportunity to generate value and also accomplish something good for humanity. If I were looking forward and advising our grandchildren's generation, I think the major advances to be made are in biotechnology and genetic engineering, things of that sort." John went onto explain the Power Tagging focus. "We developed as a core technology, a technology that allows us to tag or fingerprint power, electrical energy which is something that's never been accomplished before. This really provides a framework to provide data communications directly over the high voltage power grid. This is really the most ubiquitous network on the planet that reaches into every room and every building on the face of the earth with multiple transit access. Most of the promise has been that we're going to make things more efficient and make power more useful to people, that people are going to interact (I don't know that consumers have really demonstrated an interest in interacting with the power grid - they don't want to change their behavior, they don't want to start doing their laundry early in the morning just because the power is cheaper then.)...listen now there's much more...
Related Links: Power Tagging Home || Communication Technology Professionals || Executive of the Year and Ascent Award || CTP Channel || Entrepreneurs Channel || Keywords: John LoPorto, Power Tagging Technologies, Communication Technology Professionals, Smart Grids, Renewables, Alternative Fuels, Entrepreneurs > 3/1/11 bytes=7646461 LISTEN to John LoPorto, Power Tagging Technologies

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