Show Me the Money: DOE To Announce 100 Smart Grid Awards Today
Later today, the Department of Energy will announce the 100 smart grid projects that will receive smart grid stimulus finds. A complete list of the awards should be available later today; three have been announced early:
- Baltimore Gas and Electric: $200,000,000 from DOE and $251,000,000 from other sources
- Sempra Energy: $28,000,000 and $31,000,000 from other sources
- Cobb Electric Membership Corp. (Marietta, GA): $16,000,000 – no information on additional funding requirements
The DOE reported that the quality of the applications were extremely high. The ratio of applications to grants was 4:1 and the funding requested was 5 times the amount that was available.
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