Kansas City Power & Light Co. has committed $14 million during five years as part of an application for $48 million in federal stimulus money for smart-grid technology in Kansas City’s Green Impact Zone.
Several corporate partners — including Siemens and Kokam America — committed $10 million to the effort. That combined $24 million commitment is contingent on receiving a matching grant of $24 million from the U.S. Department of Energy through the American Recovery and Reinvestment Act of 2009.
Mike Chesser, CEO of Kansas City-based Great Plains Energy Inc. (NYSE: GXP), which owns KCP&L, announced the project at a Tuesday ceremony marking the opening of the Green Impact Zone Assistance Center at 4600 The Paseo. About 150 people attended the event.
via Kansas City Power & Light commits $14M for smart-grid technology – Kansas City Business Journal:.
