President Barak Obama has compared the development of the smart grid to that of the national highway system and to support this effort the government has committed over $3.4 billion in smart grid investment grants through the stimulus bill.
On October 27th, the Department of Energy (DOE) announced winners of the grant program and also announced loan guarantee programs over $16 billion for utilities and technology developers who did not receive any funding. The White House has, on a regular, basis indicated the need to tackle energy challenges and the importance of being independent from foreign sources of energy. Parks Associates will hold a work shop at the Smart Energy Summit on January 27th 2009 that will shed light on the activities and initiatives being undertaken by utilities involved in the smart grid and what the impact of the stimulus funding will be on smart meter and other technology deployments.
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