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Major utility to invest $7.6B in smart grid technology, renewables

from Yale Environment 360

One of the largest utility companies in the U.S. Midwest, Ameren, has announced that it will spend $7.6 billion on a five-year grid modernization plan that includes installing smart meters for its more than 1.2 million customers, adding solar energy and battery storage in rural areas, switching to storm-resilient utility poles and wires, and purchasing 700 megawatts of wind power. more

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