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Technology Stocks : The *NEW* Frank Coluccio Technology Forum
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To: axial who wrote (17853)11/18/2006 1:13:55 AM
From: Frank A. Coluccio  Read Replies (1) of 46821
 
[Electric Power Grid] Industry in Dire Straits, Group Says - as it lays out inspiration for power system of the future

Source: Platts Electric Utility Week

With efforts aimed at changing the transmission grid from the top down not having had much success, a new group is taking a bottom-up, customer-driven approach to what it sees as a need for nothing less than transformation. The aim is a power grid for the increasingly digital future, which demands far more than simply keeping the lights on. The Galvin Electricity Initiative is focused on developing what it terms the perfect power system, which would provide electricity with significantly more reliability than the current system and give consumers greater control over their own energy use and costs than they have today. A digital society demands a more reliable grid, with sensors that anticipate and avoid interruptions or disturbances that cost the economy $150 billion each year, according to the initiative. Named for former Motorola CEO Robert Galvin, the effort examines what will drive future electricity needs and concludes that increased power quality will be a priority.

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