Bloomberg reports that Lockheed Martin is marketing its military and intelligence technology to electric utilities to protect the United States’ power grids from terrorists and hackers. With an estimated value of $1.3 billion, cybersecurity is currently a growth industry. Lockheed plans to become a major player next month via Palisade, a software program developed in partnership with American Electric Power Co. of Columbus, Ohio, which alerts power companies to hacker intrusions and attacks on their electronic systems.
S&C Electric Company has introduced a turnkey energy storage project that will enable Southern California Edison (SCE) reduce their greenhouse gas emissions. The new technology is the result of a contract SCE awarded S&C to furnish a Storage Management System (SMS) on Catalina Island, which is located off the coast of Southern California. The Smart Grid SMS is a fast-responding automatic controller that uses built-in intelligence to control charging and discharging of sodium-sulfur batteries.
Solar energy is being shouted from American rooftops—literally. United States Energy Secretary Steven Chu announced the government is offering a conditional commitment to partially guarantee a $1.4 billion loan to support Project Amp which will install solar panels on the roofs of industrial buildings across the country. The electricity generated from those panels will contribute directly to the electrical grid and won’t be used to power the buildings where they are installed.
San Diego Gas & Electric (SDG&E) is not content to rest on its smart meter laurels. After establishing itself as one of the United States’ early adopters of smart meters and related technology, SDG&E is bolstering its renewables portfolio by signing contracts with a subsidiary of San Diego-based enXco and with Arlington Valley Solar Energy II, a subsidiary of LS Power Development. The new deals, which require approval by the California Public Utilities Commission (CPUC), represent a combined total capacity of up to 237 megawatts (MW) of solar energy.
The Environmental Defense Fund has released a framework to evaluate the effectiveness California public utilities’ plans to upgrade the state’s electricity network into a digital smart grid. The approved a roadmap last June based on the provisions of state law SB 17. It requires that utility smart grid investments help California meet its climate change, demand-side management and renewable energy goals.
Landis+Gyr and Itron have both announced positive results for the 2010 period. In the global smart metering sector, Landis+Gyr and Itron both recorded strong performances in 2010. Landis+Gyr shipped just under 6 million smart meters for residential applications, giving it a market share of 34%, while Itron’s share grew from a nadir of 6% in 2009 to an impressive 23%. Datamonitor believes that both are well-placed to capitalize on the burgeoning European market in the future.
BC Hydro has confirmed it will deploy approximately two million new Itron metering systems to over the next two years as part of its Smart Metering Program. It is estimated the meters will save about $70 million in the first three years of implementation and a net benefit to customers of over $500 million in the long term.
Southern California Edison (SCE) is expanding its SmartConnect initiative by deploying smart electric meters in select Gateway and South Bay cities. Communities in the upcoming installation phase include Bell, Bell Gardens, Carson, Compton, City of Commerce, Cudahy, Gardena, Huntington Park, Lynwood, Maywood, Montebello, Paramount, South Gate, Torrance and a small cross-section of Long Beach and Los Angeles. Many of these communities serve lower income neighborhoods, which will stand to benefit from the potential cost savings.
Sharp is acquiring Recurrent Energy, a solar project developer and generating company with a 2 GW pipeline. As per terms of the agreement, Recurrent Energy will retain its name and operate as a subsidiary of Sharp. The purchase, valued at a reported $305 million, is expected to close by the end of 2010.
Southern California Edison (SCE) has opened an exhibit in Irwindale, California displaying the latest tools and technologies that are helping to create the smart grid. The Smart Energy Experience introduces consumers to the progress SCE is making in developing new energy efficient technologies as well as demonstrating new energy efficient devices, smart appliances for a home area network, the next generation of plug-in electric vehicles, and Internet tools that enable customers to monitor and manage their energy costs.