SmartGridNews.com The insider's guide to the modernization and automation of electric power
D.C. University to Get Microgrid from Pareto Energy for an Unbeatable Price By SGN Staff Jul 8, 2010 - 3:25:31 PM
. Green power specialist Pareto Energy will build a microgrid for Washington, D.C.'s Howard University. The university's tab? No upfront investment costs, according to an article in the Washington Post. The Howard microgrid will provide electric and thermal power to heat and cool the campus, although it will remain connected to Pepco, D.C.'s electricity provider. Shalom Flank, Pareto's chief technology officer, said it's too early to estimate cost savings for the university, but told the newspaper: "We're designed to cost less than their current utility service." Typically, microgrids incorporate clean or renewable energy sources. Pareto is expected to spend $20 million of its own cash on what could be a two-year project.
Quick Take: Pareto's move may seem odd, but it's a young company and microgrids are a growing Smart Grid industry segment — nothing wrong with the company's approach to proving it's got what it takes.
You might also be interested in ...
Microgrids: Are They Our Aging Grid's Bail-Out Plan?
Why Today's Utilities May Soon Be Obsolete (and What May Replace Them)
Are We Taking Microgrids Seriously — Finally?
Smart Grid Technology Companies Sending UC San Diego’s Microgrid to the Head of the Renewables Class
Ashton Hayes Rural Microgrid (video)
Related SGN news and resources ...
Stay connected with SGN …
Smart Grid Discussions: Get LinkedIn with Jesse
Subscribe to our FREE eMail News Alert!
Smart Grid Newsletter (SGN) is the insider's guide to the Smart Grid revolution. It consists of a FREE bi-monthly email summary, along with a companion Web site that contains the full stories and other helpful materials. Benefits of subscribing: SGN is the only central source for all of the news, trends, research and marketplace information relevant to grid automation. In it, you will read about cutting edge technologies; successful pioneers and how they got ahead; regulatory changes that could unleash new markets; the latest research; and new opportunities for sales of grid-related products and services. © Copyright 2009 SmartGridNews.com |