Energy company developing smart grid technologies, solutions in North Carolina
SUBNET Solutions Inc | Tuesday, April 12, 2011
Recently, officials from Duke Energy announced a partnership that will look to improve the energy efficiency of several Charlotte, North Carolina-based buildings. The partnership and development will highlight the use of smart grid technologies.
Duke Energy's "Envision: Charlotte" plan will link roughly 70 buildings in the downtown area to its city buildings in order to better regulate the amount of energy being used by the structures. The move is part of the company's Energy Savings Program. By reducing the amount of energy being used in these buildings, Duke will improve energy efficiency through smart grid technologies, and will reduce the cost these buildings pay for their expenditures.
The company will use automation systems, smart meters, energy management software and dashboards to link and regulate the energy between the buildings. In all, the project will cost close to $5.3 million and will help the Charlotte-based buildings reduce their energy consumption by up to 20 percent.
According to Nasdaq's estimations, Duke Energy has roughly 35,000 megawatts of electricity generated in the Carolinas, as well as the Midwest, and distributes natural gas in both Ohio and Kentucky.
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