The U.S. government is giving $620 million to 32 projects to demonstrate technologies for storing energy, managing electricity distribution and monitoring energy consumption.
The Tuesday announcement, made by Energy Secretary Steve Chu in Columbus, Ohio, is the latest wave of public funding for smart grid technologies (see list of winners). AEP Ohio is one of the winners, and the utility plans to use the $75 million from the DOE for projects involving electric cars, home energy management, smart meters and energy storage technologies.
via Greentech Media: DOE Doles Out $620M for Smart Grid.
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- Smart Grid handouts keep rolling: DOE earmarks $620M for demo projects | VentureBeat
