Gilligan continued, “While the investment grants announced last month will contribute to projects based on ‘commercially available’ products, the demonstration money announced in Columbus will fund new technologies and approaches, helping to establish the United States as a global leader in smart grid advancement and opening doors for U.S. companies to become net exporters of advanced smart grid solutions.”
He concluded, “We applaud the federal government for its ongoing commitment to smart grid progress. Ultimately, these projects will help us identify the best approach for delivering reliability, efficiency and clean-energy technologies across the electrical network, while empowering consumers to better manage their energy consumption and costs. Our environment, our economy and our future will be better for it.”
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GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources like wind power. With 60,000 global employees and 2008 revenues of $38.6 billion, GE Energy is one of the world’s leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy – GE Power & Water, GE Energy Services and GE Oil & Gas – work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.