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Obama Announces Smart Grid Projects

Posted by Kara Reeder Oct 27, 2009 1:30:50 PM

FederalComputerWeek reports that President Barack Obama has announced that electric utilities will receive $3.4 billion in economic stimulus grants for smart grid projects. Such projects would include monitoring technology and the information technology infrastructure to support it.

 

The grants, to beĀ  matched by $4.7 billion in private funds, will be used to pay for the deployment of more than 40 million smart meters, as well as the installation of more than 850 sensors, 200,000 smart transformers and 700 automated substations.

 

The New York Times has the awards broken down by category and by state.

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