Today we’ll be reporting live from the Clean Energy Venture 2011 summit in Austin.

The event starts at 1 p.m. with a utilities futures panel, followed by presentations from five Cleantech Open semifinalists competing for $10,000 in funding and a chance to go to nationals to compete for $250,000.

Then Ideal Power Converters and MTPV, presenters from a past Clean Energy Venture conference, will discuss their accomplishments in the past year.

And a reception takes place from 6 p.m. to 8 p.m. at the Austin City Hall to announce the winners of the competition.

So stay tuned.