New Smart Grid Partnership Creates a World First in Chicago

A signing ceremony today set into the motion a first-of-its-kind partnership to bring new smart grid innovations to Chicago. The deal is a cooperation between the Illinois Science and Technology Coalition (ISTC), the Building Owners and Managers Association (BOMA), the Citizens Utility Board and several South Korean government and private interests, including Korea Telecom and LG Electronics. The public-private partnership is expected to provide more than $20 million to develop technological infrastructure, deploy energy optimization solutions, improve grid security and create a green collar workforce.
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