Portland and Augusta, ME (Vocus/PRWEB) March 18, 2011
Preti Flaherty is pleased to announce that the Federal Energy Regulatory Commission has adopted a Final Rule which establishes a level playing field for those who wish to reduce their energy consumption during times of scarcity. Energy attorney Donald J. Sipe was actively involved in providing legal and economic thought leadership to FERC throughout two and a half years of advocacy, research and eventually rulemaking hearings.
This landmark decision creates a crucial tool in efforts to save energy and reduce the costs of energy, not only for the curtailer but for the grid as a whole. Under this new rule, consumers can now be compensated as generators for reducing their energy use, under certain circumstances.
This new rule is a key element in implementation of a comprehensive Smart Grid system. The Smart Grid seeks to interconnect electric-powered devices and facilities to manage electric supply by better understanding and controlling demand. In order to implement this on a large scale, consumers needed to be able to be compensated for their participation in this system – this new rule provides the regulatory framework that allows for that to happen.
More http://www.prweb.com/releases/smart_grid_ferc/energy_natural_resources/prweb8220634.htm
http://xrl.us/bij3ti A new report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide from 2010 to 2016, with annual shipments increasing dramatically from 15 million in 2009 to 55 million by 2016... this will represent a total industry investment of $20.3 billion during the seven-year forecast period, with annual revenues increasing from $1.8 billion in 2009 to $3.1 billion by 2016..."
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