|
|
1 By Jesse Berst
The recently enacted Illinois Energy Infrastructure Modernization Act authorizes the state’s two major utilities, ComEd and Ameren, to spend $3.2 billion over 10 years to update the state’s electricity infrastructure, more than half of which will be smart grid related.
Illinois first produced a market study to identify every Illinois company that could potentially benefit from the deployments (nearly 200, it turns out). It then took steps to support those companies and to attract new ones. For instance, the new law creates a $22.5 million investment fund to support startups and existing firms. It also requires ComEd and Ameren to establish physical testbeds where entrepreneurs can get access to the grid. The press release brags that "Illinois will be the first state to be home to the compelling combination of a smart grid specific investment fund and a utility-connected test bed." 1 Jesse Berst is the founder and chief analyst of Smart Grid News.com. He consults to smart grid companies seeking market entry advice and M&A advisory. A frequent keynoter at industry events in the US and abroad, he also serves on the Advisory Council of Pacific Northwest National Laboratory's Energy & Environment directorate. 1 You might also be interested in ... Smart grid research: Where the jobs are (and where they will be next)
|
|
||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|