Smart Cities

Obama Administration Unveils Programs to Build the Smart Grid

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
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

    SPIE
    Energy

    SPIE Technical Facility Management Business 2024 Examined

    This Research Note examines the French public company, SPIE and its focus on building solutions, which is one of four strategic markets that the group addresses in central and northern Europe. This article covers the Group’s fields of expertise, its development since 2013 through platform and bolt-on acquisitions and its expansion in the Netherlands, based […]

    Infogrid Acquicore Lawsuit
    Smart Buildings

    Infogrid Faces Lawsuit over 2022 Acquisition of Aquicore

    Established in 2018, UK-based smart building firm Infogrid quickly made a splash in the market, picking up a range of high-value customers including banks, supermarkets, and restaurant chains, as well as the UK’s National Health Service (NHS) during the peak of the global pandemic. The firm has attracted $135.5m in investment (including debt financing) from […]

    IWMS Spacewell Nemetshek 2023
    Smart Buildings

    Spacewell Smart Buildings Business & Financials 2023 Examined

    In this Research Note, we examine Spacewell, part of the Manage segment of Nemetschek, which provides software for the management and operations phase in the building lifecycle. This article is based on their 2023 annual results, investor presentations, Annual Report of the parent company, published on 21st March 2024 and the group’s strategy in the […]

    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