On October 27th, President Obama announced that over $3.4 billion would be allocated through the Smart Grid Investment Grant to 100 projects that will help build a ‘smarter’ electric grid. This stimulus money from the Recovery Act will be matched by industry contributions for a total investment of more than $8 billion – seed money for the colossal project of modernizing our nation’s entire electric grid while it is still running.
via The Smart Grid « SustainGenuity?.
Related posts:
- US To Spend £2bn On Smart Grid Technology – News – eWeekEurope.co.uk
- Smart Grid Stimulus Applications Accelerate as Deadline Approaches | Greentech Media
- Renewable Energy Focus – Obama announces US$3.4 billion to spur transition to US smart energy grid
- Obama announces electricity funding for grid modernisation — EcoGeneration — The magazine for Australia’s clean energy industry
- Smart Grid’s $8 Billion Down Payment — Smart Grid Technology — InformationWeek
