A $75m Smart Grid initiative is being launched in New York City and it is intended that the new technology will enable modernisation of the existing grid.
The United States Department of Energy (DOE) is providing approximately half the funding, while others involved include Con Edison; National Grid; Orange and Rockland; Rochester Gas and Electric; Central Hudson Gas & Electric; New York State Electric & Gas; the New York Power Authority; and the Long Island Power Authority.
Completion of the smart grid projects will allow the New York Independent System Operator (NYISO) to better maintain reliability of the state’s bulk power system and operate economically efficient wholesale markets.
The DOE reports it has provided smart grid grants to independent system operators, transmission companies, and other utilities across the United States to install more than 800 networked phasor measurement units to help the country avoid future disturbances like the 2003 Northeast regional blackout.
The initiative will modernize the electric grid by adding power management units (PMU) for measuring and reporting system conditions and enhancing voltage stability.
For more Smart Grid news