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

Thursday, January 10, 2008

Statement on U.S. Senate Passage of Energy Bill

(H.R. 6 - Renewable Fuels, Consumer Protection, and Energy Efficiency Act of 2007 )

by
William R. Moroney
President & Chief Executive Officer
Utilities Telecom Council

“We applaud the U.S. Senate’s passage of an energy package that can help utilities move into the next generation of service to the Nation. While this bill includes many forward-looking measures, UTC
especially is gratified that the Senate recognizes the importance of “smarter” electric grids and the digital technologies that will be necessary to make them happen. Telecom and IT technology is essential to enable smart grid applications for next generation utility infrastructure. This bill’s smart grid provisions will advance the efficiency, reliability, safety and security of utility services. On behalf of its hundreds of utility and stakeholder members, UTC looks forward to completion of this work in Congress and to Presidential approval before the end of this year.”

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