Illinois to build ‘smart grid’
The Illinois Commerce Commission on Wednesday approved a $270 million rate hike for Commonwealth Edison that encourages the utility to begin developing a "smart grid."
Illinois customers have no idea how much electricity they waste on a daily basis, as they see their electric bills only once each month.
And when an outage occurs, local electric utility Commonwealth Edison finds out only when customers call.
According to a Chicago Tribune report , these are the problems with having a 19th century power grid in the 21st century.
So Commonwealth Edison is going to start charging customers more to upgrade the power grid to a “ smart grid .”
With a smart grid , the utility would know when outages happen and could manage the output from multiple power plants. Customers would have real-time information about how much electricity costs. And the entire power system could be ready for a surge in use if plug-in hybrid vehicles find their way into American garages.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey