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1 min read Smart Grid

Progress Energy picks IBM for smart-grid program

Progress Energy has chosen IBM as the lead systems integrator for the utility’s smart-grid program. Together the companies will transform Progress Energy’s networks by improving power efficiency, increasing power quality and reliability, and enhancing capabilities for renewable energy, energy storage systems and plug-in electric vehicles.

Progress Energy is investing approximately $520 million dollars in smart-grid technologies through its two utilities that serve approximately 3.1 million customers in the Carolinas and Florida. The total investment includes $200 million from a smart-grid grant awarded by the US Department of Energy (DOE) as part of the American Recovery and Reinvestment Act.

Progress Energy’s EnergyWise initiatives will use smart-grid technology to increase the flexibility and resilience of the electric system. Upgrading the system will also enable a variety of potential customer programs, giving consumers better control over their energy use and spending.

Read more here …

Published by:

Dan Ilett

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