A new report by Innovation Observatory, more than $378 billion will be collectively invested in building electricity smart grids by 2030. Sources: Http://Xrl.Us/Bii2sf http://xrl.us/bigqfh

Sunday, November 26, 2006

WALL STREET SEES NEW INVENTION AS BENEFICIAL AND NECESSARY: inventions related to power line communications and Broadband over power line

WALL STREET SEES NEW INVENTION AS BENEFICIAL AND NECESSARY
Leah Parker
November 24, 2006

New York, New York. Dallas Inventor causes stir on Wall Street for his recent issued U.S. patent, (Patent No. 7,132,950) targeted at modernization of our U.S. utility business operations and its lack of modernization. This new Power Management Method and System describes a robust integration of measurement and analysis using inductive couplers, geospatial location technology and signals measurement technology that far exceeds the standards used by electric companies in the U.S. and abroad. Rumors on Wall Street seem to want to know how a disruptive technology like this can help the country and its consumers; or will it cause disarray in the electric industry at large because of so many new and novel systems now being lobbied everyday to Congress on the hill right now.

Stewart’s patent may be a technology that has arrived at the right place at the right time. But this was said about William L. Stewart’s inventions related to power line communications and Broadband over power line. Granted, Stewart seemed to be ahead of his time at moment when he introduced Power line Communications but his PLC/BPL technology has still not be proven. To his credit many companies including AT&T, Current Technologies, Amperion and other leading PLC/BPL companies have recently been awarded U.S. Patents that cite Stewart’s 1999 U.S. Patent (5,982,276) as prior art in their scientific efforts. However, this does not mean that Stewart is ahead once again. Many companies on Wall Street are looking at this new effort by Stewart to determine issues like uniqueness, time to market, costs and efficiencies. We can expect a through review by peers in the industry to provide insight on Stewart’s latest invention.

The Democrats in Congress want results on this energy crisis and perhaps Stewart has just what the Doctor Ordered. It Maybe not a “silver bullet”; but a tourniquet to stop the bleeding and improve the health of our nation’s utility infrastructure could make a revolutionary difference in our current electric grid reliability. The Republicans may see this is a benefit that they have bi-partisan interests. I look forward to a tangible solution and I believe that every American shares my expectation.

When I spoke with Mr. Stewart about some of my questions he seem forthcoming and willing to discuss in detail the benefits of his new U. S. Patent. “Look,” he said as he responded to my question of how “real is this invention”. “I have worked with some of the most well recognized companies in their respective fields to develop the systems that will be integrated into the PMI™ application. I am honored to work with the caliber of scientists and their teams to be able to provide this advanced transmission technology application. I look forward to the day that we have successfully reduced our dependence on oil, have alternative fuels, and have reduced our greenhouse gas emissions to a lesser degree.” That is all I have to say.”

I let the second interview related to this technology end there. I welcome the ability to speak with Mr. Stewart. He is articulate and kind with his approach to me, a non-technical person.

I also thought the comments from Mr. Keith Miller, formerly with Common Wealth Edison, raised some good points. After all, he comes from the utility industry. When I asked Mr. Miller whether the utility industry would embrace this technology, Miller said, “I believe that can and they will.” “We just can’t wait any longer for these types of improvements.”

More: Dallas Based Inventor Awarded U.S. Patent for Advanced Transmission Technology

No comments:

Post a Comment