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Title
Press Release: CenterPoint Energy Finalizes Agreement with DOE on $200 Million Smart Grid Investment Grant
Description
CenterPoint Energy, Inc. (NYSE: CNP) announced that its electric transmission and distribution subsidiary, CenterPoint Energy Houston Electric, LLC, has signed an agreement with the U.S. Department of Energy (DOE) to receive a $200 million stimulus grant for its advanced metering system and intelligent grid projects. The agreement is the culmination of negotiations that began in November 2009 after the DOE selected CenterPoint Energy as one of six utilities to receive the maximum smart grid grant under the American Recovery & Reinvestment Act.
Date
Mar 23, 2010

Smart Grid News Updates

Smart Grid: The Tuesday Topic - Smart Grid News - Grid Modernization and the Smart Grid

 THE TUESDAY TOPIC

Is the smart grid industry stalled? Or accelerating?

We're getting mixed signals about the vitality of the smart grid market. On the one hand, the recent DistribuTECH conference was one of the most successful ever. On the other, a well-known Wall Street analyst recently told his clients that the smart metering sector is "facing several headwinds," including weak regulatory support in the U.S. and delays in European adoption. Taking the pulse of the smart grid industry is this week's Tuesday Topic.

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