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Secretary Chu Announces $620 Million for Smart Grid Demonstration and Energy Storage Projects

The DOE is awarding $620 million for  projects around the country to demonstrate advanced Smart Grid technologies and integrated systems that will help build a smarter, more efficient, more resilient electrical grid. These 32 demonstration projects, which include large-scale energy storage, smart meters, distribution and transmission system monitoring devices, and a range of other smart technologies, will act as models for deploying integrated Smart Grid systems on a broader scale. This funding from the ARRAct will be leveraged with $1 billion in funds from the private sector to support more than $1.6 billion in total Smart Grid projects nationally.
http://tdworld.com/smart_grid_automation/doe-smart-grid-storage-funding-1109/