Obama: “One of the most important infrastructure
projects that we need is a whole new electricity
grid. Because if we’re going to be serious about
renewable energy, I want to be able to get wind
power from North Dakota to population centers
like Chicago. And we’re going to have to have a
smart grid if we want to use plug-in hybrids.
Then we want to be able to have ordinary
consumers sell back the electricity that’s
generated from those car batteries, back into the
grid. That can create five million new jobs — just in new energy.”
Source: MS NBC
[...]
Automakers such as Ford, GM, Toyota, Tesla Motors, Nissan and now Mitsubishi are hopeful that plug-in hybrid vehicles will revive their industry. Consumers are equally excited about the prospect of reducing their emissions while drastically reducing the cost of driving, and the government’s new $7500 tax credit for their purchase will only add to the hysteria. Utilities are excited about generating additional revenue from existing assets by selling electricity to recharge the vehicles during off-peak hours.
Source: Matter Network
[...]
The impending production of electric vehicles by major manufacturers, which will require utility companies to improve the electrical grid to manage plug-in vehicles, has spurred investment in smart grid companies
Source: Centredaily.com
Recent Comments