On April 16th, 2009, Vice President Joe Biden announced that the Department of Energy was planning to develop a stronger, more reliable energy grid. The plan would allocate $3.4 billion in funds to be distributed across the nation, aiding projects aimed at improving and updating the current electrical power grid in the United States.
Two projects are funded by smart grid: smaller and larger. Smaller projects range from $300,000 to $20,000,000. These projects typically focus on upgrading equipment in less populated ares. Larger projects range from $20,000,000 to $200,000,000 and generally focus on upgrading equipment for a larger geographical area or more densely populated area.
OpenEI.org is the source for smart grid investment award information. Both Investment Grant programs, as well as demonstration projects are layed out in Openei's smart grid gateway. Here you'll find each project, the amount of money allocated to that project, the location, the total value of the project, and any additional areas benefitting from the project.
The smart grid initiative is part of the larger American Recovery and Reinvestment Act of 2009. Currently, not all of the money for smart grid has been distributed, but the progress can be tracked at Recovery.gov.
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