Cisco, Silver Spring Networks land smart-grid deals
Competition to supply gear to modernize the power grid is heating up as utilities Duke Energy and ComEd named their expected smart grid suppliers on Tuesday.
Duke said that it has chosen Cisco to supply an array of equipment for a planned smart grid program estimated at $1 billion over the next few years. Cisco, which unveiled its smart-grid initiative last month, is expected to supply in-home energy monitors as well as networking hardware for Duke's substations, the utility said.
North Carolina-based Duke aims to provide a digital upgrade to its 11 million customers in the five states it … Read more