The US Department of Energy is ready to spend $3.9 billion (£2.4bn) on efforts to modernise the U.S. electric grid
A part of the Recovery Act funds, the DOE has earmarked $3.3 billion (£2bn) for the Smart Grid Investment Grant Program and $615 million for smart grid demonstration projects.
The DOE (Department of Energy) announced on 25 June the agency is ready to solicit applications for $3.9 billion in grants to support efforts to modernise the electric grid. The money is part of the Recovery Act funds approved by Congress earlier this year.
Approximately $3.3 billion is earmarked for the Smart Grid Investment Grant Program and $615 million for smart grid demonstration projects to help develop and implement smart grid technologies across the country.
via US To Spend £2bn On Smart Grid Technology – News – eWeekEurope.co.uk.
