Los Angeles Applies for $200 Million in Federal Funds for Smart Grid Development
America's largest urban utility company, the Los Angeles Department of Water and Power (LADWP), is making serious moves on smart grid technology.
Recently, the LADWP applied for a $200 million grant from the Department of Energy to help finance its ambitious smart grid plans. This is the maximum financing available under the American Recovery and Reinvestment Act. It is not yet clear what the LADWP plans on using the federal funds for.
However, last year the utility company submitted proposals to the California Energy Commission to have a smart grid created. The construction of this smart grid would lead to the deployment of 100,000 two-way smart meters and 1.3 million one-way devices within five years. The LADWP serves 1.4 million customers.
The utility company has also installed smart meters from SmartSynch, Inc. at commercial and industrial customer sites in order to analyze energy consumption patterns and reduce brown outs.
Read the full story at businessGreen.com: LA applies for $200m smart grid stimulus funding
Nathanael Baker is the Managing Editor of EnergyBoom. He has been immersed in the areas of renewable energy and climate change for two years. Before joining EnergyBoom, Nathanael was the Director of Research for the DeSmog Blog. In this role his services included providing research to the New York Times and The Economist.
Energy Boom content is for informational purposes only and is not intended to be advice regarding the investment merits of, or a recommendation regarding the purchase or sale of, any security identified on, or linked through, this site.
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