Dow Jones Clean Technology
Insight/WSJ.com
10/28/2009
Joe Mowery, a resource technologies
investment banker with Stephens in Little Rock, said he thinks the
DOE allocated money based on where it was most needed. He said
areas such as transmission and distribution are not getting as much
funding as smart meters. Even prior to the recession, utilities
planned on significant upgrades, and the ensuing stimulus funding
will not only help ensure that those projects move forward but also
provide the momentum for continued non-stimulus spending on
improvements for years ahead, Mr. Mowery noted.
The facts described in this
summary have not been independently verified and the opinions
expressed are the individual opinions of the author. This summary
will not be updated if additional facts come to light or if the
opinions of the author change in the future.