With all the plans for large infrastructure spending projects as economic stimulus, why is there money for the energy grid? Some might feel that the money is best spent on roads and bridges as they see the deterioration of these elements as more directly aligned with commerce. What they’re missing is the inefficiency of our current distribution network and the significant economic gains from higher quality power generation and distribution.
Smart grids got a huge boost when the stimulus bill allocated $11 billion for this technology, including $4.5 billion for smart-technology matching grants. The funds fully validate the value of smart grids for the economy, energy conservation, energy independence and reduced carbon emissions. These multiple benefits all combine for an impressive return on investment.
Read more in this blog post on V1 Energy.