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

Wednesday, June 10, 2009

ComEd picks GE, Silver Spring for smart grid pilot

June 9, 2009

Redwood City, Calif.-based Silver Spring Networks continues to expand in Australia, announcing new partnership with power distributors.

Commonwealth Edison put its stamp of approval on GE Energy and Silver Spring Networks today, in a move that could benefit ComEd’s 3.8 million customers across northern Illinois. The announcement was coupled by Silver Springs continuing its international expansion, adding two new Aussie electricity distributors today.

ComEd, a subsidiary of Chicago-based utility services holding company Exelon (NYSE:EXC) is recommending GE Energy and Silver Spring for its proposed Advanced Metering Infrastructure (AMI) pilot, a smart grid deployment expected to empower customers to manage their energy consumption.

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