NYSEG plans to install 'smart' meters in area homes, firms
NYSEG said the program to upgrade its 1.1 million meters would use two-way communications, possibly by radio or a broadband connection over power lines, to read the meters.
National Grid upgraded most of its meters in the Buffalo Niagara region several years ago.
The upgraded meters also could be a tool to help consumers conserve energy if customers used time-based rates that charge higher prices when the demand for electricity is highest and lower prices when demand is low, such as during the early morning hours.
NYSEG, in a filing with the state Public Service Commission, has proposed paying for the $243 million meter upgrade program through a surcharge on customer bills.
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Big prizes awarded to European electricity prediction specialists
LONDON - Three European prediction specialists have won prizes worth €2 million for developing the most accurate predictions of electricity flow through a grid
The three winners of the Big Data Technologies Horizon Prize received their awards at a ceremony on 12th November in Austria.
The first prize of €1.2 million went to Professor José Vilar from Spain, while Belgians Sofie Verrewaere and Yann-Aël Le Borgne came in joint second place and won €400,000 each.
The challenge was open to individuals groups and organisations from countries taking part in the EU’s research and innovation programme, Horizon 2020.
Carlos Moedas, Commissioner for Research, Science and…