There can be some sort of smart initiative performed for the utility, municipality and the institution of various companies. There are companies which works on the formation of smart city technology alliance which mainly consists of Microsoft, Accenture, envision and many others. The smart city technology is embracing various infrastructure, transportation, energy and technology. These aspects help in the creation of better environmental living for the people living across the world.
Smart city defines various services for the residents and businesses offered by various cities. All these are related with the safety and quality of life of the people. Electricity which comes from various renewable sources requires rooftop solar and climate action plans. Due to the introduction and addition of renewable energy goals, there is an up gradation of LED streetlights with the equipment of poles, sensors and cameras with variety of devices which helps in the management of traffic and parking. The senior officials which are planning the major drive for the electric vehicles. Related to community engagement and management of energy, there has been a continuous initiatives in reference with the smart city.
A new intersection project has been started which suggests pedestrian safety and vision zero initiative around traffic. There has been an introduction of technologies which includes a streetcar system which is outfitted with sensors and WI-Fi. It defines various utilities which help in achieving climate action plan. There are lots of hurdles which are creating problem to start smart city initiative. Also, there are some positive points which are seen happening in areas with the organic growth.
Smart city can be start with upgrading grid for CPS energy, using smart meters with advanced infrastructure. There is no end for the creation and development of city into smart city. These initiatives can work when taken by local utility, city leadership, community groups and academic institutions. It can become successful due to the integrated entity working together so that it can be happened.
City leadership can be the important key for taken the initiative for smart city. But it cannot act alone for making it reality. For this, they can include the collaborative network of public sector, private sector, academic sector and the non-profit organization which can come together and complete the pre-defined goals for the intersection of energy and smart city.
There are true traditional financial mechanisms which are used by the city for the up gradation.
Advertising can be act like a new and interesting financing mechanism for the development of smart city. Old telephone booths have been replaced by connecting small kiosks system which also offers the facility of free WI-Fi. It also helps in the checking of air quality and traffic counting with sensors and provides additional opportunities of phone charging. In emergency situations, it can be used for announcements for the safety of public.