Columbus, OH, U.S.A. --- (METERING.COM) --- November 25, 2009 - At an event in Columbus, Ohio yesterday, United States Secretary Steven Chu announced the award of $620 million in stimulus funding for projects to demonstrate advanced smart grid technologies and integrated systems.
The funding is awarded to 32 projects nationwide, including large scale energy storage, smart meters, distribution and transmission system monitoring devices, and a range of other smart technologies that will act as models for deploying integrated smart grid systems on a broader scale. With additional matching funding the total investment in these projects will be almost $1.65 billion.
The funding awards are divided into two areas. In the first group, 16 awards totaling $435 million will support fully integrated, regional smart grid demonstrations in 21 states, representing over 50 utilities and electricity organizations with a combined customer base of almost 100 million consumers. Awards range in size from less than $0.75 million up to $88.82 million awarded to the Battelle Memorial Institute led consortium for its smart grid demonstration spanning five states in the Pacific Northwest.
Among the other recipients are AEP Ohio, which receives $75.16 million for a smart grid demonstration involving 110,000 customers over approximately half of the state of Ohio, Los Angeles Department of Water and Power, which receives $60.28 million for a demonstration involving university campuses and research laboratories in the city, and Southern California Edison, which receives $40.13 million for a demonstration focusing on the interoperability and interactions between technologies and systems in the city of Irvine.
In the second group, a further 16 awards totaling $185 million will help fund utility-scale energy storage projects that will enhance the reliability and efficiency of the grid, while reducing the need for new electricity plants. Awards range in size from $1.76 million up to $29.56 million awarded to New York State Electric & Gas Corporation for a 150 MW compressed air energy storage demonstration in a salt storage cavern in Watkins Glen, New York.
Other recipients in this group include Pacific Gas & Electric, which receives $25 million for a 300 MW compressed air energy storage demonstration in a saline porous rock formation near Bakersfield, CA, Southern California Edison, which receives $24.98 million for an 8 MW lithium-ion battery wind energy storage demonstration, and Beacon Power Corporation, which receives $24.06 million for a 20 MW flywheel frequency regulation plant in Chicago.
“These demonstration projects will further our knowledge and understanding of what works best and delivers the best results for the smart grid, setting the course for a modern grid,” said Secretary Chu. “This funding will be used to show how smart grid technologies can be applied to whole systems to promote energy savings for consumers, increase energy efficiency, and foster the growth of renewable energy sources like wind and solar power.”
For the full list of awards click HERE.