Menu

M2M FEATURE NEWS

Smart Grid Consortium Ramps Up in New York

By Kelly McGuire August 26, 2009
With a statewide renewable energy target of 25 percent by 2013, New York has become one of the leading players in the use of clean energy, especially with the recent advancement in smart grid technology.
 
On Aug. 25, New Y ork Gov. David A. Paterson announced the commencement of the New York State Smart Grid Consortium to reduce the large U.S. city’s electricity costs and create jobs. Comprised of government, utility companies and universities, the consortium will focus on developing a plan to deploy the most energy efficient smart grid technologies in New York. 
 
The smart grid development plan will be implemented through the selection of smart grid project proposals set to be submitted and demonstrated this month by the New York Power Authority, the Long Island Power Authority, the New York Independent System Operator, and other private entities. These investor-owned and private utilities will fund over $1 billion in proposals through the American Recovery and Reinvestment Act.
 
“Together, [the collaboration] will develop and implement a smart grid strategy that will create jobs, improve service and lower electric bills for New Yorkers,” Paterson said.
 
To date, Governor Paterson has approved the Smart Grid Demonstration Program for the “10 Percent Innovation Economy Matching Grants Program.” Through this program, every stimulus dollar the federal government awards through competitive grants for future smart grid technologies in New York, will be matched 10 percent through the program, with expectations to leverage $1 billion in federal research funding.
 
Jon Arnold, principal of J Arnold & Associates, told IoTevolutionworld that smart grid is a matter of when, not if.
 
“Much of the activity around stimulus funding and green policy has been around modernizing the grid infrastructure, or T & D – transmission and distribution,” said Arnold, who goes on to state that a key element of smart grid is the ability to support two-way, real time communication with subscribers.”
 
“For the first time, utilities can have not just meaningful dialog with consumers or businesses about their services, but intelligent communication with premises-based systems to better manage energy usage,” Arnold continued. “In short, utilities can have both person-to-person and machine-to-machine communication.”
 
That seems to be the idea for New York.
 
One of the goals of the consortium is to facilitate strong public-private partnerships that will maximize New York’s economic development and create an estimated 3,200 jobs in the state starting in 2010.
 

For more information, attend the Smart Grid Summit - the first event of its kind to address the unprecedented opportunity coming from the intersection of two core building blocks of our economy – utilities and communications – at TMC’s ITEXPO West – the biggest and most comprehensive IP communications event of the year to be held on Sept. 1 to 3. 


Follow ITEXPO on Twitter: twitter.com/itexpo

Kelly McGuire is a IoTevolutionworld Editor.

Edited by Michael Dinan

IoTevolutionworld Editor

SHARE THIS ARTICLE
Related Articles

Report Calls for Predictive and Control Capabilities to Grow Sensor Market

By: Ken Briodagh    12/2/2016

Sensors for IoT are experiencing large-scale deployment in diverse end-user applications across verticals in standalone, integrated, combined, embedde…

Read More

SiFive Launches Open-Source RISC-V SoC

By: Ken Briodagh    11/29/2016

SiFive has announced the availability of its Freedom Everywhere 310 (FE310) system on a chip (SoC), which it says is the industry's first commercially…

Read More

FreeWave Technologies Promotes Kirk Byles to VP Worldwide Sales

By: Ken Briodagh    11/28/2016

In a recent announcement, FreeWave Technologies, a producer of industrial, secure Machine to Machine (M2M) and Internet of Things (IoT) wireless netwo…

Read More

STMicroelectronics Highlights Its Broad IoT Product Portfolio

By: Paula Bernier    11/28/2016

STMicroelectronics emphasizes its broad IoT portfolio in a world in which semiconductor competitors are acquiring to fill out their product sets.

Read More

MegaChips Signs Representative Agreement with Broadband Technology 2000 in UK and Ireland

By: Ken Briodagh    11/28/2016

MegaChips has signed a sales representative agreement with Broadband Technology 2000 to help customers benefit from semiconductor products by adding v…

Read More