Lockheed to bolster utilities looking for DOE smart grid funds
VentureBeat Aug 21 09
Global defense contractor Lockheed Martin is teaming with Black & Veatch, a major construction and consulting company, to offer utilities a suite of products they can use to improve their smart grid implementations. The idea is that their technology will up efficiency and grid security, making utilities more attractive recipients for grants being doled out by the U.S. Department of Energy.
So far, the DOE has taken a first round of applications for the $4.5 billion it has earmarked for smart grid grants. Lockheed and Black & Veatch have already supported several of these applicants, and say they hope to do the same for utilities applying in subsequent rounds and for loans via the DOE’s renewable energy and advanced energy transmission programs. Full story...
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