Word: grid
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Dates: during 2000-2009
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...resonance magnetometer, a torpedo-shaped super-sensing device that can detect likely antiquities by measuring the relative density of submerged objects against the earth's magnetic field. As it is towed on the surface, the magnetometer relays data to the survey ship that are plotted on to a computerized grid connected to the satellite-based Global Positioning System. Goddio says that he adapted the magnetometer for archaeological use in collaboration with the French Atomic Energy Commission, which develops the French Navy's submarine-detection equipment. Exclusive rights to the magnetometer's civilian use give Goddio his edge over the competition...
...greatest challenge in fighting terrorism is not to prevent terrorists from repeating their last attack but to anticipate where and how they will strike next. U.S. officials have picked up intelligence about threats to targets ranging from the electric-power grid to the water supply. Last week two Muslim men not connected to al-Qaeda were indicted in South Florida for conspiring to blow up two electric-power stations. The Administration dismissed as unreliable a tip that terrorists may be planning to hit a U.S. nuclear plant on July 4. But that was a reminder of the vulnerability...
...this regulatory uncertainty hasn't been enough to dampen M&A enthusiasm. Last month Britain's electric and gas utilities announced a merger that would create a national powerhouse with the cash to make its own push into the U.S. National Grid Group, the monopoly electric carrier in England and Wales, and Lattice Group, which owns a British gas network, will form a company worth $21 billion...
...Brits' intentions are clear. The two companies took pains to win the confidence of credit-rating agencies: Standard & Poor's, Moody's and Fitch all affirmed their A-rated debt. And in announcing the merger, National Grid CEO Roger Urwin said he plans to "deploy the combined resources and financial capacity of National Grid Transco [the merged company] to take advantage of opportunities in the liberalizing energy markets abroad, in particular extending National Grid's successful U.S. strategy." Half the company's profits already come from the U.S., thanks to three utilities it owns in the Northeast, including Niagara Mohawk...
...hour drive from Los Angeles to Palm Springs, Calif., to be deeply dislocating, in the best sense of the word. Route 111, the main approach to town, veers suddenly off from Interstate 10 to cut a jazzy angle across the desert, unplugging you at last from the freeway grid. Past the turnoff, the six-mile drive into town, with its surreal juxtaposition of ancient mountains and shiny new energy-producing windmills, seems to further separate you from the everyday. And then the big, welcoming surprise: the sharply angled roof of the Tramway Gas Station looming over a low wall...