Us smart grid investment by type4/18/2024 Matching funds from other sources more than doubled the total value of ARRA-funded smart grid projects. ![]() DOE’s) $37B allocation from ARRA was directed to smart grid projects of two types, investment grants and demonstrations. When the recession called for stimulus spending and the American Recovery and Reinvestment Act (ARRA, 2009) was passed, a framework already existed for identification of smart grid projects. is unusual in that a definition of the term “smart grid” was written into legislation, appearing in the Energy Independence and Security Act (2007). These projects aimed to modernize the electric grid, strengthen cyber security, improve interoperability, and collect comprehensive data on SG operations and = , Including industry investment, a total of $8 billion was spent on 99 cost-shared projects, which involved more than 200 participating electric utilities and other organizations. Under the SGIG, the larger of the two programs, over $3.4 billion was used to help industry deploy existing advanced SG technologies and tools to improve grid performance and reduce costs. American Recovery and Reinvestment Act (ARRA) especially two key programs: the SG Investment Grant (SGIG) and the SG Demonstration Project (SGDP). This report first reviews completed SG demonstrations under the U.S. Smart grid (SG) technologies have been regarded as emerging ways to integrate renewable energy and to help achieve these climate and energy goals. The Chinese government has paid growing attention to renewable energy development and has set ambitious goals for carbon dioxide (CO2) emissions reduction and energy savings.
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