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 13, 2011

Duke Energy To Merge with Progress Energy

from:  http://www.sustainablebusiness.com/index.cfm/go/news.display/id/21695
"The combined company, to be called Duke Energy, will be the country’s largest utility, with approximately $65 billion in enterprise value and $37 billion in market capitalization.
It will also have the country’s largest regulated customer base, providing service to approximately 7.1 million electric customers in six regulated service territories North Carolina, South Carolina, Florida, Indiana, Kentucky and Ohio.
Duke Energy is aggressively pursuing smart grid deployments with commercial partners Cisco (NASDAQ: CSCO), Echelon (Nasdaq: ELON) and Ambient (ABTG.OB). "

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