for the record...
"Stimulus law provides multiple paths to Smart Grid funding. News sources are reporting that the recently signed American Recovery and Reinvestment Act (ARRA) contains $4.5 billion for Smart Grid projects. While that is true, the law also contains other funding provisions that could support smart upgrades to the electrical grid. SSTI Weekly Digest identifies several of these in its current (February 19) issue:
· $16.8 billion to DOE for energy efficiency and renewable energy, including block grants for energy efficiency and conservation, Weatherization Assistance Program, State Energy Program, grants for advanced battery manufacturing, grants for alternative-fueled vehicle pilot programs, transportation electrification, Energy Efficient Appliance rebate and Energy Star programs, and more.
· $3.4 billion to fossil energy projects including Carbon Capture and Energy Efficiency Competitive Grants, Fossil Energy R&D, Clean Coal Power Initiative, and more.
· $1.6 billion to DOE Office of Science.
· $400 million to Advanced Energy Projects Agency ? Energy.
· $10 million to the Western Area Power Administration for upgrading the grid following a review of the effect of transmission issues on renewable energy sources, as well as another $3.25 billion in borrowing authority to both WAPA and the Bonneville Power Administration
· $6.1 billion to the DOE for various environmental cleanup projects, uranium enrichment decontamination and decommissioning, and money for the Office of the Inspector General.
· $300 million to the Department of Defense to assist in developing energy efficiency technology.
· $6 billion to the DOE to cover the cost of guaranteeing loans through the new Innovative Technology Guarantee Program for supporting renewable energy and transmission technologies and to the existing Advanced Technology Vehicles Manufacturing Loan program. According to SSTI, DOE anticipates guaranteeing more than $60 billion in loans to renewable energy projects.
In addition, the income tax credit for renewable electricity production will be extended for three years for qualified facilities."
http://www.smartgridnews.com/a...lternative_energy.html