EU agrees to spend billions to make grid crisis-proof
The project was launched after this winter's gas crisis left thousands of homes without heat, following a price row between Moscow and transit country Ukraine.
The plan to subsidize new power projects, gas pipelines and power cables aims to enable the 27 EU countries help each other during energy crises and to generate fresh employment for constructors and engineers in the face of recession.
The European Parliament had earlier voted to divert any unused funds from the project into energy efficiency program.
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Investing in a new energy economy for Montana
BILLINGS - Over the next decade, Montana ratepayers will likely invest over a billion dollars into what is now being called the new energy economy.
Not since Edison electrified a New York City neighborhood in 1882 have we had such an opportunity to rethink the way we commercially produce and consume electric energy.
Looking ahead, the modernization of Edison’s grid will lower the consumer costs, creating many thousands of permanent, well-paying jobs. It will prepare the grid for significant new loads like electric transportation, and in doing so it will reduce a major source of air pollution known to directly threaten the…
