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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (545291)1/21/2010 9:40:35 AM
From: RetiredNow1 Recommendation  Read Replies (1) of 1573841
 
Even though Brumar (a member of the goose-stepping GOSPEL party) tells us that the Smart Grid is a waste of money, tech and utility execs see great benefits to the consumer and the economy and a great business opportunity as well.

How to make a play in the smart electrical grid-execs
reuters.com

The smart grid will allow two-way communications between utilities and their customers. Analysts have said it will marry clean power, electric vehicles, advanced meters, and power storage into a seamless network, modernizing thousands of miles of outdated power lines and allowing for more efficient energy use.

The sector also has seen a boost from the Obama administration, which announced a $3.4 billion package in 2009 to help build a smart electric grid meant to trim utility bills, reduce blackouts and carry power generated by solar and wind energy.

"The scale is even bigger than the Internet ...
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