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Smart Grid, Smart Investment?

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Uploaded by on Oct 28, 2009

Aired on CNBC: Discussing whether you should invest in smart gird technology, with Vincent Devito, Bowditch & Dewey; Paul Fremont, Jefferies & Co.; and CNBC's Bill Griffeth.

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  • It is said that renewable energy is the Achilles Heel of the US and that energy storage is the Achilles Heel of the renewable energy sector. So finding a solution to mass energy storage for the smart grid of our near future should be a national priority. American Vanadium Corp. will be opening the only primary vanadium mine in the USA by the end of 2012 to supply battery-grade vanadium to makers of vanadium redox batteries. VRBs are the front runner for solving the energy storage problem.

  • The Smart Grid is definitely a smart investment. The process is currently slow...it will gradually gain popularity. According to a recent report, nearly 60 million smart meters will be installed by 2015. Many companies such as the Pacific Crest Transformers are working in this direction.

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