U.S. Smart Grid Status Report Describes a Strong Beginning: Department of Energy takes stock of its program and

U.S. Smart Grid Status Report Describes a Strong Beginning

U.S. Smart Grid Status Report Describes a Strong Beginning: Department of Energy takes stock of its program and

The U.S. Department of Energy, in a recent report, takes stock of its Smart Grid Investment Grant program (SGIG), which, with funding from the 2009 stimulus bill, provides $3.4 billion in direct grants to be matched on a one-to-one basis by private funds. The aim, says the report, has been "to achieve wide-reaching, sustainable benefits by supporting early adopters of smart grid technologies and systems, and [by] collecting performance data to evaluate and document realized benefits." As of end-March 2012, the program had provided close to $3 billion for smart metering, $1 billion for electricity systems, and roughly a half billion dollars each for electric transmission and customer systems. More than 10.8 million smart meters--8 percent of all electricity meters in the United States--have been newly installed in the program, and 287 networked phasor measurement units (PMU...

Full article: http://spectrum.ieee.org/energywise/energy/the-smarter-gr...

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