2009 "IBM and Telvent are strategic partners with Progress Energy in pursuit of the DOE grant. IBM is supplying consulting, as well as optimization software and services for coordination and prioritization of advanced load shaping and efficiency. Telvent is providing the Smart Grid's distribution supervisory control and data-acquisition system (SCADA), which is capable of gathering real-time data, controlling devices interactively, and producing reports on equipment in distribution substations and on the grid. Telvent is also supplying the new distribution management system that will provide real-time energy information and lays the foundation for reliable integration for customer-owned distributed energy resources."
March 10, 2011
"IBM and Progress Energy Team on Extensive Smart Grid Deployment.ARMONK, March 10, 2011 (NYSE: IBM) today announced that it has been selected by Progress Energy as the lead systems integrator for the utility’s smart grid program. Together the companies will transform Progress Energy’s networks by improving power efficiency, increasing power quality and reliability, and enhancing capabilities for renewable energy, energy storage systems and plug-in electric vehicles.
Progress Energy is investing approximately $520 million dollars in smart grid technologies through its two utilities that serve approximately 3.1 million customers in the Carolinas and Florida. The total investment includes $200 million from a smart grid grant awarded by the U.S. Department of Energy (DOE) as part of the American Recovery and Reinvestment Act.
“Progress Energy’s smart grid efforts focus on improving the electric distribution network first, then cascading these improvements to the consumer. We believe these efforts position the program as one of the more sophisticated deployments in the marketplace,” said Guido Bartels, General Manager, Energy & Utilities Industry at IBM and Chairman, Global Smart Grid Federation. “Together with Progress Energy we will improve grid performance across the distribution network to bring greater efficiency, reliability, and security to consumers by applying a truly integrated approach.”
I am a buy and hold investor. I don't care if people buy and the price goes up to .50 , but for the RIGHT reasons. Not on dishonest pumped up misinformation by professional posters. DD is a two-way street. Not a one-way. Sorry if Yahoo allows for different views. Go after them. Or get all your pumper friends on Facebook and continue your party.