facebook
twitter
rss
account
search
search
 

Feds invest in smart grid technologies

June 25, 2009 at 5:04 PM   |   Comments

| License Photo
WASHINGTON, June 25 (UPI) -- Energy Secretary Steven Chu says the Department of Energy is soliciting applications for $3.9 billion in grants to modernize the U.S. electric grid.

The American Recovery and Reinvestment Act funds, Chu said, will allow for greater integration of renewable energy sources while increasing the reliability, efficiency and security of the nation's transmission and distribution system.

"These investments will be used to develop a smart, strong and secure electrical grid that will help integrate renewable resources onto the grid, deliver power more reliably and effectively with less environmental impact, and create new jobs across the country," Chu said in a statement.

He said the final Funding Opportunity Announcements include approximately $3.3 billion for the Smart Grid Investment Grant Program and $615 million for smart grid demonstration projects.

The Energy Department will provide cost-shared grants to support manufacturing, purchasing and installation of existing smart grid technologies that can be deployed on a commercial scale, officials said.

Funding under the Smart Grid Demonstration Program will be used to demonstrate how emerging technologies can be applied in innovative ways within the electric delivery system to provide integrated and economically-feasible solutions.

Topics: Steven Chu
© 2009 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
Say goodbye to Chinese sturgeon Say goodbye to Chinese sturgeon
2
Video shows scientists dissecting colossal squid Video shows scientists dissecting colossal squid
3
Attic window offers glimpse of life inside a wasp nest Attic window offers glimpse of life inside a wasp nest
4
First 3D-printed car unveiled in Chicago First 3D-printed car unveiled in Chicago
5
Impact that doomed dinos enabled spread of modern forests Impact that doomed dinos enabled spread of modern forests
Trending News
Video
x
Feedback