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Wesco Cares Scholarship Program

Wesco has partnered with Independent Electrical Contractors (IEC) as well as ELECTRI International, an electrical construction foundation established by the National Electrical Contractors Association (NECA), to establish a new scholarship program for future electrical workers. The Wesco Cares Scholarship Program supports the next generation of tradespeople and fortifies our commitment to the electrical industry. The $200,000 in scholarships will be awarded to qualified and deserving students entering skilled trades in the U.S. electrical industry. As the largest electrical distributor in North America, Wesco understands the critical role of tradespeople in powering our world and moving the electrical industry forward. Similarly, IEC and ELECTRI are tireless advocates of the electrical industry and are both committed to supporting the next generation of contractors. By helping to reduce the financial costs associated with trade school and apprenticeship expenses, the scholarship program will help encourage interest in the trades and contributes to an increase in skilled labor. Wesco Cares | Scholarship Program | Wesco

Wesco’s Scholarships Support More than 100 Apprentices through NECA/ELECTRI’s Project Management Program

Wesco International announced that more than 100 apprentices will graduate next month through the NECA/ELECTRI Project Management Apprenticeship, supported by the Wesco Cares scholarship program. Wesco executives will be onsite at the annual NECA Convention held in Chicago, IL, Sept.12-15, to discuss its strong partnership with ELECTRI International and the success of the scholarship program to date. The scholarship program launched in 2024 aims to address labor shortages and cultivate future industry leaders.  Wesco’s Scholarships Support More than 100 Apprentices through NECA/ELECTRI’s Project Management Program | Electrical Wholesaling

Eye on the Storm by Tim Kridel

The new ANSI/NEMA C137.10 standard is designed to keep streetlights on during extreme weather. But in normal times, it also creates opportunities in the smart cities market. By the end of this decade, the North American smart city market will be worth close to $1 trillion, a roughly fourfold jump from 2024, Grand View Research A new standard from NEMA’s Lighting Systems Division should help electrical contractors and electrical design firms grab a share of that burgeoning market by leveraging upgrades aimed at bolstering outdoor lighting resiliency. ANSI/NEMA C137.10-2024 creates a vendor-agnostic format for data produced by sensors installed on light poles along roadways and pedways. That standardization enables municipalities, utilities, and other lighting infrastructure owners to have a mix of hardware and software vendors without risking data incompatibility. ANSI/NEMA C137.10 Standard and Lighting System Interoperability | EC&M

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini