3 becomes 1: welcome to the US Power grid

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Many of you have probably been reading about the benefits of a High-Temperature Superconductor (HTS) in the media recently. Apparently it was announced today by the American Superconductor Corporation (AMSC) that they have been chosen for the Tres Amigas Project which will connect all three major electricity grids in the US as well as provide pipe to bring in new non-dispatchable renewables onto the newly formed national grid.

Apparently scheduled for completion in 2014, it sounds like a pretty exciting prospect that should bring greater reliability and competition to the grid as well as provide a more effective environment for renewable sources to sell intermittent power into. Looking at AMSC’s chart, however, it appears this news was not a surprise as there was effectively no movement in the stock price today although maybe we’ll see a jump tomorrow as the announcement was late in the day.

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References:

Superconductor Electricity Pipelines to be Adopted for America's First Renewable Energy Market Hub | Yahoo Finance

American Superconductor to Provide Hardware for Tres Amigas Project | Green Energy Reporter

The Tres Amigas Project: America's Renewable Energy Hub? | Fast Company

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