Tennessee Valley Authority awards Kentucky team $7.43m for smart energy project
May 12, 2015
A team from Glasgow Electric Plant Board in Kentucky is to receive $7.43m as a first round award winner in the Smart Energy Technology project, part of the Tennessee Valley Authority’s Smart Communities programme.
The Glasgow Electric Power Board team included Billstron Industries, MovethePeak, the University of Louisville Research Foundation and Strata-G. The Smart Energy Technology project is designed to test the integration of ultra-efficient homes with smart grid technologies, and how people use them.
“We are excited to partner with the Glasgow team on this innovative project,” said Cindy Herron, vice president of TVA EnergyRight and Renewable Solutions. “The project takes a community approach to improving the quality of life for residents and homeowners by increasing the energy efficiency and comfort of their homes.”
This will be achieved by improving the home’s insulation, upgrading the heating and cooling system and other technologies within the home, performing audits before and after improvements are made to determine the energy savings, as well as educating the residents or homeowners about the preferred operation and proper care of the home and its systems.
The project will include occupied homes in the Glasgow area and will engage and educate homeowners and residents on the benefits of a smart grid and energy management.
TVA will now pursue contractual arrangements with GEPB and its partners, and will target June 2015 to begin project construction. Additional awards will be announced later.
The Tennessee Valley Authority is a corporate agency of the USA that provides electricity for business customers and local power companies serving nine million people in parts of seven south-eastern states. TVA receives no taxpayer funding, deriving virtually all its revenues from sales of electricity. In addition to operating and investing its revenues in its electric system, TVA provides flood control, navigation and land management for the Tennessee River system and assists local power companies and state and local governments with economic development and job creation.