Dive Summary:
- New York officials say that the federal Department of Energy’s $37 million grant will help upgrade the state’s electricity grid.
- The money will go toward a $75 million smart grid initiative that New York is in the process of implementing.
- Part of the grid upgrade includes adding units that will help avoid blackouts and the installation of capacitor banks to reduce the amount of electricity lost over long distances.
From the article:
New York officials say a $37 million grant from the federal Department of Energy will help upgrade the state's electricity grid.
The money will help fund a $75 million "smart grid" initiative to improve the efficiency of New York's electricity delivery system. ...
