Wed, Aug 20, 2014, 9:11 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Dais Analytic Corporation Message Board

  • petecoves petecoves Oct 27, 2009 1:50 PM Flag

    ( DJ ) 10/27 13:04 =WSJ: Obama Names 'Smart Grid' Projects

    Rebecca Smith
    Of THE WALL STREET JOURNAL

    The Obama administration named 100 utility projects Tuesday that will share
    $3.4 billion in federal stimulus funding to speed deployment of advanced
    technology designed to cut energy use and make the electric-power grid more
    robust.
    When combined with funds from utility customers, the program is expected to
    inject more than $8 billion into grid modernization efforts nationally,
    administration officials said.
    (This story and related background material will be available on The Wall
    Street Journal Web site, WSJ.com.)
    "We have a very antiquated system that we need to upgrade," said Carol
    Browner, energy coordinator for the Obama administration.
    The Department of Energy said grants of $400,000 to $200 million will lead
    to the installation of at least 18 million advanced digital meters, which
    should bring the nation's total to about 40 million, or enough to cover
    one-quarter to one-third of U.S. homes.
    The new meters--also known as "smart" meters--funded by the stimulus grants
    differ from conventional meters because they are electronic, not
    electro-mechanical, and they contain communicating modules and software that
    enables them to receive signals and communicate to utilities or to utility
    customers. They are the backbone of demand-reduction efforts because they will
    allow utilities to charge different rates at different times of day and they
    can be programmed to alert consumers when grid conditions require special
    action.
    Among the winners are Baltimore Gas & Electric Co., a unit of Constellation
    Energy Group Inc. (CEG), which will get $200 million it can use in a $451
    million program to install 1.1 million digital meters and 400,000 in-home
    control devices and thermostats. San Diego Gas & Electric Co. will get $28
    million to improve communications with the 1.4 million advanced meters it
    already is installing, part of California's extensive meter upgrade that will
    be completed in 2012.
    The U.S. Department of Energy said that the stimulus funds will improve
    efficiency all along the grid--touching everything from electric substations,
    to power lines, to transformers, to meters and speeding up the proliferation
    of energy-saving devices in the home.
    About 200,000 new generation transformers will alert utilities before they
    fail. Currently, utilities often use a "run to fail" approach in which they
    often only replace equipment when it breaks. The new transformers will
    communicate their condition, either wirelessly or through power-line
    communications. Funds also will be used to put 850 special sensors on the
    electric grid that will allow grid operators to more precisely monitor
    electric frequencies to make sure the system stays in balance. The new sensors
    could also help to isolate problems, when they happen, to prevent small power
    disruptions from cascading into big outages, as happened in 2003 with the
    Northeast blackout that affected 50 million people.
    Energy Department officials stressed, in a press briefing Monday evening,
    that consumers will benefit from the investments. New meters and energy
    monitoring systems will give consumers better information to manage their
    energy use, and make it easier for power companies to use more renewable
    energy. Electricity from wind turbines or solar power systems tends to come in
    uneven bursts--when the wind is strong or the sun bright. A digital grid would
    be better able to handle those ups and downs, proponents of the investments
    say.

 
DLYT
0.33+0.08(+32.00%)Aug 20 2:31 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.