Rick Nicholson and H. Christine Richards of IDC Energy Insights published an article in the July/August edition of Intelligent Utility detailing their assessment of which utilities are leading the pack towards a Smart Grid.
Sempra Energy (NYSE: SRE), Austin Energy, Edison International (NYSE: EIX), Oncor, PG&E Corporation (NYSE: PCG) and CenterPoint Energy (NYSE: CNP), all of whom are based in either California or Texas, top the list of utilitites leading the way. I personally thinked they missed Bluebonnet Electric Cooperative who aren’t just at the forefront of grid transformation but also leading the charge in consumer education.
Locally, National Grid (LSE:NG;NYSE:NGG), the nation’s second-largest utility, has applied to the U.S. Department of Energy for $200 million in stimulus funding to develop an “end-to-end” smart grid deployment that will include approximately 200,000 customers in New York, Massachusetts and Rhode Island.
According to National Grid, the project will demonstrate the benefits of combining “smart” and “green” technologies from end-to-end (transmission to consumer) including demonstrations of clean energy technologies such as plug-in hybrid electric vehicles and solar and wind power as well as energy storage technology. The result will be one of the most technologically advanced smart grid deployments in the U.S. This initiative will provide an increased understanding of the interface between the next generation of green energy supply and the smart grid to pave the way for the broader roll out of these technologies in the states where National Grid operates.
Regardless of whether they get the grant money or not, I hope National Grid stays in the game; they have a chance to lead this initiative and really make a difference.
posted by KDL | follow me on Twitter: newscaster