AxialVector Energy Corporation has secured the trademark “GOOD GREEN ENERGY,” www.goodgreenenergy.com, which will be used for branding AVEC’s new line of smart electric grid products. The first of these products, developed in response to Department of Energy (DOE) stated needs, is expected to be announced later this week.
The U.S., EU and China are each investing tens of billions of dollars to develop “smart grids” to replace existing power grids designed by Nikola Tesla, Thomas Edison and George Westinghouse in the early 20th century. Existing grids are prone to brownouts and blackouts and, in the U.S. and China, rely on the burning of coal for over 60 percent of generated energy. The new national smart grid, composed of thousands of “micro grids,” will employ millions of sensors connected through advanced communication and information technology systems, resulting in a more interactive, efficient, reliable and secure from cyber-attack power distribution system. The goal is to build a power generation and distribution system that will connect everyone to abundant, affordable, clean, efficient, and reliable electric power anytime, anywhere. It will be capable of:
— Self-healing from power disturbance events
— Enabling active participation by consumers in demand response
— Operating resiliently against physical and cyber attack
— Providing power quality for 21st century needs
— Accommodating all generation and storage options
— Enabling new products, services, and markets
— Optimizing assets and operating efficiently
In 2014, $152.3 billion will be spent globally just for devices, hardware, software, and communications equipment. These products will form the infrastructure and critical communication systems which will build, link, monitor, manage and secure the smart grid. In addition to providing mobile power generation capabilities, AVEC will be providing associated micro grid components. The first of these new components, which are compatible with the technologies proposed by Google, LG Electronics, Landis, Echelon, Tendril, Ice Energy, Enspiria, eMeter, Itron are niche products — products that we believe will prove to be valuable, rare, hard to imitate (patented) and well within our organization’s capability to provide.
Stated AVEC Chairman Sam Higgins, “We’re extremely excited about the opportunities we’re seeing in the smart grid market and believe that AVEC products will fit well. We look forward to sharing news of the first component of our new micro grid strategy later this week.”
About Axial Vector Energy Corporation
Axial Vector Energy Corporation (AVEC) is a global solutions provider that owns, develops, invests in and licenses revolutionary technologies including internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.
SPE ANNOUNCES DATE,, LOCATION,, AND THEME FOR 40th ANNUAL AUTOMOTIIVE INNOVATION AWARDS GALA
