November
18, 2015 8:48 pm by RITCHIE A. HORARIO
http://www.manilatimes.net/cagayan-power-co-op-receives-us-grant/229897/
http://www.manilatimes.net/cagayan-power-co-op-receives-us-grant/229897/
THE
United States Trade and Development Agency (USTDA) on Wednesday awarded a grant
to the Cagayan Electric Power and Light Company, Inc. (Cepalco) to support the
utilization of smart grid technologies.
The
grant aims to help Cepalco to manage, monitor and distribute electricity more
efficiently, USDA said.
Leocadia
I. Zak, USTDA director, said innovative technology solutions are needed to
ensure the effective and efficient distribution of electricity.
“It
is vital to ensure that energy resources are distributed and consumed as
effectively as possible, and that requires innovative technology solutions,”
Zak said in a statement.
The
agreement was signed by Zak and Cepalco chief executive officer Ed Bautista.
“As
smart grids are one of the most effective solutions for distributing and
consuming power, USTDA is pleased to support Cepalco’s smart grid goals,” Zak
said.
Under
the agreement, USTDA will fund a feasibility study that will help Cepalco
develop a technical scope and implementation plan for an advanced metering
infrastructure (AMI) pilot project.
The
study will consider the preliminary analyses – including technical, economic
and financial – needed to develop the pilot project.
The
pilot project aims to install 2,000 smart meters and the supporting
communications infrastructure in Cepalco’s franchise area.
Cepalco’s
ultimate goal is to implement smart grid technologies that can optimize its
distribution services, increase power reliability and reduce electricity
losses.
The
opportunity to conduct the USTDA-sponsored feasibility study will be completed
through Federal Business Opportunities (FBO) program.
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