SRP applies for stimulus funds for smart projects
TEMPE, ARIZONA - Salt River Project has applied for more than $80 million in stimulus funds from the U.S. Department of Energy for smart metering and smart electrical grid projects.
Officials with the Tempe-based utility say the extra money would not diminish the need for an 8.8 percent electric rate increase pending before SRP's board of directors, but it might reduce the size of future rate hikes.
SRP officials say the projects being sought for stimulus funding would give customers more options for controlling their energy use, improve reliability and promote clean energy.
Smart meters can send data via radio signals back to the utility, allowing the meter to be read automatically by a computer at an SRP control center.
SRP has already deployed more than 400,000 smart meters and wants to install another 540,000 by the fall of 2011, when every customer would have one.
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Turkish powership to generate electricity from LNG in Senegal
ANKARA - Turkey's Karpowership company, the designer and builder of the world's first floating power plants and the global brand of Karadeniz Holding, will meet 15% of Senegal's electricity needs from liquefied natural gas (LNG) with the 235-megawatt (MW) powership Ayşegül Sultan, which started its voyage from Turkey to Senegal on Sunday.
Karpowership, operating 22 floating power plants in more than 10 countries around the world, has invested over $5 billion in this area.
In a statement to members of the press at Karmarine Shipyard, Karpowership Trade Group Chair Zeynep Harezi said they aimed to provide affordable electricity to countries in need…
