Our headline and the link to this article H/T RedState.com
LEAD: U.S. eyes launching int’l entity for next-generation power grid+
Associated Press via Breitbart.com
7/2/2010
The administration of U.S. President Barack Obama is planning to launch an international entity to be tasked with developing a smart grid, a next-generation power transmission network, U.S. government sources said Friday.
With the launch of the envisioned international body, the U.S. government aims to expand the energy market through smart grid standardization and take the lead in the new energy business, the sources said.
The Obama administration, which aims to boost demand and create jobs by increasing investment in the energy sector, has placed a high priority on promoting the new smart grid.
According to the sources, the United States plans to announce the setup of the International Smart Grid Action Network, or ISGAN, when the country hosts the first ministerial meeting on clean energy in Washington on July 19-20. The United States and other relevant countries are in final talks for the arrangement, the sources added.
In addition to the United States, South Korea and Italy are also expected to become core members of the organization, and they will work closely with related international organizations, such as the International Energy Agency and the International Organization for Standardization, to draw up concrete action plans, the sources said…
… A smart grid, which combines digital technology with the traditional power grid, is a power transmission and distribution network able to deal with fluctuations in current generated from renewable energy.
It enables the use of “smart meters” that allow energy companies and consumers to monitor their energy consumption more closely…
Read this entire article at Breitbart.com
CAJ note: We cannot help but classify this as another of the administration’s “Friday night of the holiday weekend news dump” a la the reassignment of Van Jones in the middle of the night last Labor Day weekend, 2009. This story was published by the AP at 10:34 PM…
