. Date: Sat, 9 Jan 2010 07:53:39 +0530 (IST) From: Soundara Rajan <soundarns@xxxxxxxxx> Reply-To: Net-Gold@xxxxxxxxxxxxxxx To: David Dillard <net-gold@xxxxxxxxxxxxxxx> Subject: [Net-Gold] INNOVATIVE CONCEPT TO SOLVE NEW YORK'S ENERGY PROBLEMS New York's Next Idea Comes From Students in India By Patrick McGeehan January 7, 2010The next big idea for a business that could help solve New York City's energy problems may have been devised by three students from India who had never visited the city before this week.
The winning idea is a system for storing energy in large batteries around the city that would discharge electricity into the power grid to meet demand. The flexible mechanism could serve as a backup source to avert gaps in the power supply and make the grid more reliable, according to the winning entry.
Mayor Michael R. Bloomberg announced that the trio of students from the Indian Institute of Technology in Madras had won the inaugural NYC Next Idea contest, sponsored by the city's Economic Development Corporation. The contest is one of the mayor's initiatives to improve the city's image as a place that is hospitable to entrepreneurs.
The news report in its entirety can be read at <http://cityroom.blogs.nytimes.com/2010/01/07/mcgeehan-post/> _______________________________________ N.S. Soundara Rajan, Mysore, India ESY BLOG Enhance your English Vocab, at www.esymys.wordpress.com ESY tweets at http://twitter.com/soundar_esy ENGLISH SYNDICATE If you know your English well, life is a party! MYSOORU LITERACY TRUST (MLT) Enhancing English skills among the poor Eutilities, CyberStop, Enews, WebWatch www.deccanherald.com E-Utilities Yahoo! group http://groups.yahoo.com/group/dh_eutilitiesurls Internet Resource Discussion Group http://groups.yahoo.com/group/net-gold __________________________________________________________ Each individual has the responsibility and the creative acumen to take control of his/her society - Noam Chomsky .