AREVA Well Positioned to Advance Smart Grid Initiatives
April 17, 2009
AREVA congratulated the Administration on its announcement yesterday to fund “smart grid” initiatives to develop a more efficient and secure electrical grid. AREVA will actively support the Administration initiative by working with customers to demonstrate and deploy smart grid technology. AREVA is a leader in the United States in the development of smart grid systems, as well as in renewable and other carbon-free energy solutions.
AREVA has developed a variety of products and services to improve grid reliability, enable integration of renewables into the grid, and facilitate greater customer control over energy use. The company has created a special task force bringing together the capabilities of several business units to create comprehensive solutions that will accelerate the Administration smart grid initiatives. In addition, AREVA is investing in R&D projects at its Center of Excellence in Redmond, Wash., which will further advance the state of smart grid technology.
“AREVA is committed to achieving the goals of the smart grid development projects. As the proven leader in Utility Grid Management Systems and with two-thirds of electric utilities in North America using AREVA equipment, our company is well positioned to help advance these important national initiatives,” said Jacques Besnainou, President of AREVA Inc.
The deployment of smart grid technologies also will allow for greater utilization of renewable energy resources, reducing greenhouse gas emissions and enhancing domestic energy security. AREVA expects that its collaboration with electric utilities on smart grid deployment will create a significant number of new jobs across the United States.