DOE Opens Spigot on Smart Grid Projects
The Department of Energy is ready to spend $3.9 billion on efforts to modernize the U.S. electric grid. A part of the Recovery Act funds, the DOE has earmarked $3.3 billion for the Smart Grid Investment Grant Program and $615 million for smart grid demonstration projects.
The Department of Energy announced June 25 the agency is ready to solicit applications for $3.9 billion in grants to support efforts to modernize the electric grid. The money is part of the Recovery Act funds approved by Congress earlier this year.
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