The Australian government has announced that it will provide over AU$ 8 million in grants for a blockchain - powered
smart utilities project.
Not exact matches
For a large
project like the proposed Site C dam or
smart meters the
utility defers some of the costs and accounts for them later when they are balanced by revenues from the
project, he said.
«This funding and the demonstration
project ensure that Ontario will continue to lead in the development of
smart grid technology,» said Bob Leigh, President, Prolucid Technologies Inc. «
Utilities globally face significant challenges to change the model of power consumption, reducing greenhouse gases and increasing the efficiency of the grid.
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UTILITIES.
Utility executives and
smart grid advocates agree that apart from the
smart grid
projects funded by $ 4 billion in federal stimulus grants, most current
smart grid investment is going into improving the efficiency, reliability and profitability of power supply, rather than reaching consumers directly.
Austin is the site of the one of the nation's primary federal
smart grid experiments, the Pecan Street
Project, testing whether
utilities can profitably switch from selling kilowatts to conserving them.
Massachusetts residents intending to install solar PV systems of 25 kW or less who want to qualify for the
SMART program incentives need to complete all of them, as do all
utility customers participating in a community shared solar
project.
In this week's Quick Microgrid News... Ontario
utility PowerStream and the Korea Electric Power Corporation (KEPCO) have signed an agreement to develop demonstration microgrids and
smart grid
projects in Canada and market and sell the technology in North America.
Utilities that are designing
smart, affordable ways for customers to participant in a solar
project in their community are seeing an outpouring of demand.»
In 2015, 68
utilities in 23 states had
projects; By March 2018, 228
utilities in 36 states had
projects, according to the
Smart Electric Power Alliance.
A new report says
utilities around the world will ramp up
smart grid spending, with worldwide
projects hitting $ 46.4 billion in 2015.
Developers, International Housing Solutions which incorporates
smart technology into its affordable housing
projects, says high speed internet connectivity has become the fourth
utility after water, gas and electricity.