Tuesday, May 18, 2010

Duke Awarded $204 for Smart Grid

Smart Grids Score $204 Million in Stimulus Funds | EarthTechling:
"The latest to be stimulated: Duke Energy received a $204 million boost. Intended to support smart grid projects throughout Duke Energy’s five-state turf, the Energy Department’s stimulus funding will be put toward two particular projects: “$200 million will assist in modernizing Duke Energy’s power distribution system; $4 million will support the installation of digital equipment on the transmission system in the Carolinas,” according to Duke. As an added benefit, both projects will create approximately 1,000 new jobs as Duke works to modernize its grid systems in Indiana, Ohio, Kentucky, and North and South Carolina."

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