Tuesday, October 27, 2009

Smart Grid: $3.4bn Investment Grants Awarded

President Obama Announces $3.4 Billion Investment to Spur Transition to Smart Energy Grid
Applicants say investments will create tens of thousands of jobs, save energy and empower consumers to cut their electric bills

Speaking at Florida Power and Light’s (FPL) DeSoto Next Generation Solar Energy Center, President Barack Obama today announced the largest single energy grid modernization investment in U.S. history, funding a broad range of technologies that will spur the nation’s transition to a smarter, stronger, more efficient and reliable electric system. The end result will promote energy-saving choices for consumers, increase efficiency, and foster the growth of renewable energy sources like wind and solar.

The $3.4 billion in grant awards are part of the American Reinvestment and Recovery Act, and will be matched by industry funding for a total public-private investment worth over $8 billion. Applicants state that the projects will create tens of thousands of jobs, and consumers in 49 states will benefit from these investments in a stronger, more reliable grid. Full listings of the grant awards by category and state are available HERE and HERE. A map of the awards is available HERE.

An analysis by the Electric Power Research Institute estimates that the implementation of smart grid technologies could reduce electricity use by more than 4 percent by 2030. That would mean a savings of $20.4 billion for businesses and consumers around the country, and $1.6 billion for Florida alone -- or $56 in utility savings for every man, woman and child in Florida.

One-hundred private companies, utilities, manufacturers, cities and other partners received the Smart Grid Investment Grant awards today, including FPL, which will use its $200 million in funding to install over 2.5 million smart meters and other technologies that will cut energy costs for its customers. In the coming days, Cabinet Members and Administration officials will fan out to awardee sites across the country to discuss how this investment will create jobs, improve the reliability and efficiency of the electrical grid, and help bring clean energy sources from high-production states to those with less renewable generating capacity. The awards announced today represent the largest group of Recovery Act awards ever made in a single day and the largest batch of Recovery Act clean energy grant awards to-date.

1 comment:

hyipinvestor said...

Gleenmanagement.com--1000% after 1 hour
We belong to The Gleen-Management Company. Our company established in January 2007. Now we have been on the online market.As you sometimes know about trading currencies might be a difficult to earn from those markets. So we thought our offer shall help you to easy going on the currency online-investment markets.Don't be panic to invest with us because of we are professional investors who had many experiences in currencies markets. We believe in a good management of our team and to bring you're going to your goals!
Investment offers: 3 products
Investment Products Amounts(USD) Terms
Junior 250-5,000 800% after 12 hours
Senior 5,001-50,000 900% After 6 hours
Retirement 50,001-250,000 1000% after 1 hour
Why many people would be one of our company?
1. We are professional investors.
2. 100% of funds get risky free.
3. Don't need to register. That can be safe from hacker.
4. Stable income.
5. Many Experiences in currency markets.

http://www.gleenmanagement.com/?U6523689

http://www.gleenmanagement.com/?U6523689

I will return 75% of referral bonus to your libertyreserve account,Please mailto:galahovqj@gmail.com when your make a deposit with my link
100% guaranteed your money are safe with GleenManagement LLC,If you lost money in GleenManagement LLC,We will return 100% of your deposit

My Favorite HYIP BLOG
http://makemillionsmoneyonline.blogspot.com
http://libertyreserve-investment-hyip.blogspot.com

Make millions liberty reserve and perfectmoney in paying hyips fastest Real Investment
http://www.payinghyiponline.com

Make $50k libertyreserve money daily on forex trading
http://www.libertyreserveforex.net

Our HYIP rating list has the most reliable and trusted HYIPs.
http://www.makecurrencyonline.com

HYIP Monitoring & HYIP Rating. Best HYIP Monitor Help your Investment Grow!
http://www.hyipfunding.com

Post Your AD on 1000+ Forums
The Best HYIP Rating. The Fairest High Yield Investment Programs Monitoring Service
http://www.yahoomsngroup.com