Anterix (NASDAQ: ATEX) today announced its participation in a broad alliance among energy industry leaders that are supporting the U.S. Department of Energy's (DOE's) national laboratories' efforts to help modernize the energy grid.
Anterix is joining Idaho National Laboratories, the National Renewable Energy Laboratory, Oak Ridge National Laboratory, the Pacific Northwest National Laboratory (PNNL), ABB, Amazon, Avista Utilities, EPRI, the National Rural Electric Cooperative Association, Nokia, and Survalent to support the Assessment of Communication Architectures for Energy Systems (ACAES).
ACAES is one of nine projects, led by national laboratories and public- and private-sector entities, that are components of the DOE's 2023 Grid Modernization Initiative (GMI), announced in September 2023. GMI represents a $39-million investment in projects that will support the development and deployment of concepts, tools, and technologies needed to measure, analyze, predict, protect, and control the grid of the future while incorporating equity and the best available climate science.

Source prnewswire