The U.S. electricity grid will get a 21st century upgrade, including installation of millions of smart meters, through a government-led program.
The Obama administration is scheduled to announce Tuesday where it is spending $3.4 billion of stimulus money on 100 smart-grid projects in 49 states. As part of the funding, utilities are contributing $4.7 billion to the projects, pushing the total spending to $8.1 billion.
The injection of capital in the grid will make electricity delivery more reliable and help consumers use energy more efficiently, Carol Browner, the president’s assistant on energy and climate change, said during a call with the media Monday night. Improving the infrastructure will also allow the country to use more solar and wind power, she said.
President Obama is scheduled to detail the smart-grid program awards in Arcadia, Fla., the location of one of the largest solar farms in the U.S.
Source: news.cnet.com
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