Consolidated Edison Company of New York, Inc. Smart Grid Project
Consolidated Edison Company, located in New York, New York, will receive $136 million in federal funding to develop a smarter energy grid. The U.S. Department of Energy selected ConEd as one of 100 companies nationwide to receive funding as part of the American Recover and Reinvestment Act of 2009. The 100 companies will share $3.4 billion in funds dedicated to making the U.S. energy grid smarter.
The proposed smart-grid project will deploy a wide-range of grid-related technologies, including automation, monitoring and two-way communications, to make the electric grid function more efficiently and enable the integration of renewable resources and energy efficient technologies.