Smart Cities

Obama Administration Unveils Programs to Build the Smart Grid

Copy article link
Yesterday the Obama Administration announced several programs and initiatives that should help add IT to the electrical power grid in the US. ‚ So far investment by the current US administration totals some $4.5 billion, which was matched by $5.5 billion in private money. Monday's announcement will follow up on this. The 9 programs and initiatives announced are as follows; A minimum of $250 million in loans for smart grid projects in rural places in U.S, as well as a potential $106 million in upgrades. A new non-profit program called Grid 21, which will focus on spurring consumer-facing tools enabling consumers to reduce energy consumption. DOE working on new projects, including a crowd-sourced map to track progress of smart grid projects and a student competition around home energy efficiency. Launch of a new website - http://www.smartgrid.gov A new “Renewable Energy Rapid Response Team,” that will review clean power and transmission line projects and improve “federal coordination” […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now for just $200 per year per user (just $17 USD per month) for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 1,700 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Want a Corporate or Group subscription? Get in touch.
Email us at: support@memoori.com

Yesterday the Obama Administration announced several programs and initiatives that should help add IT to the electrical power grid in the US. ‚ So far investment by the current US administration totals some $4.5 billion, which was matched by $5.5 billion in private money. Monday's announcement will follow up on this.

The 9 programs and initiatives announced are as follows;

  • A minimum of $250 million in loans for smart grid projects in rural places in U.S, as well as a potential $106 million in upgrades.
  • A new non-profit program called Grid 21, which will focus on spurring consumer-facing tools enabling consumers to reduce energy consumption.
  • DOE working on new projects, including a crowd-sourced map to track progress of smart grid projects and a student competition around home energy efficiency.
  • Launch of a new website - http://www.smartgrid.gov
  • A new “Renewable Energy Rapid Response Team,” that will review clean power and transmission line projects and improve “federal coordination” for getting clean power projects deployed.
  • Creation of ways for grid operators to have access to information about threats to the power grid, and creation of security standards.
  • In the President’s fiscal year 2012 budget, the DOE has asked for funds to build a “Smart Grid Innovation Hub,”.
  • The DOE program "Advanced Research Project Agency-Energy (ARPA-E)" will support new smart grid research.
  • The administration released a report that focuses on 4 ways to help modernize the grid, including how to better align economic incentives that will spur smart grid technologies.

    • Most Popular Articles

    Mapspeople Results 2023
    Smart Buildings

    MapsPeople Indoor Mapping Business & 2023 Financials Examined

    In this Research Note, we examine MapsPeople, a Danish public company providing indoor mapping and navigation software. This analysis, covering their latest financial results, channel and vertical market focus, PointInside acquisition, and 2024 outlook, updating our previous Research Note in May 2023. Founded in 1997, MapsPeople is a subscription-based SaaS company based in Nørresundby, Denmark […]

    Smart Construction Procurement
    Smart Buildings

    Smarter Buildings Demand Smart Construction Procurement

    “There is a rot at the core of how construction is procured and it begins with clients and main contractors. We are already at the bottom, as can be seen in cruel black and white by the failures of large main contractors throughout 2023. Something has to change!” proclaimed Mike Wharton, chief executive of Complete […]

    SmartSpace Software Acquisition by SignIn Solutions
    Smart Buildings

    What’s Behind the Acquisition of SmartSpace Software by Sign In Solutions?

    This Research Note examines what’s behind the acquisition of UK-listed company, SmartSpace Software by visitor management software firm, Sign In Solutions, agreed by the shareholders on 18th April 2024. We review the bidding war started by Skedda, assess the terms of the offer, and highlight the respective businesses in workplace management solutions. Competing Bids On […]

    Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

    Please enter a valid email

    Please enter your name

    Please enter company name

    By signing up you agree to our privacy policy