Whether you’re tracking stimulus opportunities or scouting the winners and losers in the race for smart energy dollars, this section will help keep you current.
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The Recovery Act's role in promoting renewable energy generation is detailed in a new report from Vice President Joe Biden. In this video, Energy Secretary Chu Steven joins the VP as he details how stimulus money has funded innovation he believes will help build a foundation for a more robust and competitive American economy.
A new PriceWaterhouseCoopers quarterly report says the increased value and volume of mergers and acquisitions in the second quarter of 2010 provides reason for continued optimism in the utility and energy generation sector. And stimulus funds and Smart Grid deployments play a big role.
While addressing Smart Grid security issues at a Dubai conference this week, HP's global lead on Smart Grid technology said the limited amount of time utilities have to use DOE stimulus grant money may have pressured some to overlook security issues in early Smart Grid deployments.
DOE has $20 million available for research, development and demonstration of cutting-edge geothermal technologies. The intent is to demonstrate the economic and technical practicality of unconventional geothermal energy technologies.
A new DOE report says the Recovery Act has been a boon to small businesses: They're expected to receive almost $5.4 billion in assistance, from grants and loan guarantees to contracts and tax incentives. The report highlights companies engaged in numerous Smart Grid projects and related initiatives.
What does the recent IRS ruling on Smart Grid grants really mean? Tax attorney and former IRS counsel James Atkinson has produced an analysis for Smart Grid News – and you better take a look. The ruling is not necessarily as favorable as it might appear at first glance. And as Atkinson explains, the IRS’s increasingly narrow approach to an important section of tax code raises concerns for utilities that go beyond the taxability of Smart Grid grants.
More of the Smart Grid stimulus money will start rolling out now that the IRS has decided stimulus grants won't be taxed. Some utilities were considering walking away from millions of dollars in grants if they were going to be taxed for them.
The good news is a California utility has officially inked the nation's first federal Smart Grid stimulus grant. The bad news? The tax issue still goes unresolved, and now some U.S. senators are causing a flap over 'Buy American' requirements.
The DOE announced it has $100 million in Smart Grid stimulus money available for innovative research projects. Focus for this third round of ARPA-E funding will be grid-scale energy storage, electrical power technology, and building energy efficiency.
The Treasury Department and the Internal Revenue Service have determined that Smart Grid stimulus grant awards are taxable. The National Association of Regulatory Utility Commissioners thinks it's a really bad idea.
The Energy Department has selected 17 projects to get a total of $37 million for high-efficiency solid-state lighting core research, product development and U.S. manufacturing. The impact could be substantial because lighting accounts for about a quarter of the electricity used in the country.
President Barack Obama on Friday announced that 183 projects in 43 states will get a total of $2.3 billion in Recovery Act Energy Manufacturing Tax Credits to create "tens of thousands of high quality clean energy jobs." The jobs will be created in clean energy manufacturing technologies for solar, wind and efficiency and energy management.
The DOE has awarded $47 million in Recovery Act money to develop ways to improve energy efficiency in the flourishing information technology and communications technology sectors. Some of the award winners may surprise you.
A report issued by Vice President Joe Biden estimates that Recovery Act investments will provide 104,000 new jobs in the Smart Grid sector alone. Jobs created in renewables and energy-related manufacturing bring the overall total to almost 900,000 new jobs, according to the report estimate.
Energy Secretary Steven Chu announced that the DOE Loan Guarantee Program will be expanded to permit more participation by financial institutions and other investors to provide increased support for innovative energy technologies.
DOE has announced its second round of funding opportunities totaling $100 million for transformational energy research projects through its Advanced Research Projects Agency-Energy.
Energy Secretary Steven Chu today announced the winners in the $620 million Smart Grid demonstration and energy storage grant sweepstakes. The good news is that unlike the $3.4 billion in Smart Grid investment grants awarded in late October, this round of funding is largely dedicated to projects that push the frontiers.
On Oct. 27, 2009 Baltimore Gas & Electric was selected to receive $200 million for Smart Grid innovation projects under the Recovery Act. Watch as members of their team, along with President Obama, explain how building a smarter grid will help consumers cut their utility bills, battle climate change and create jobs.
The Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems that will help build a smarter, more efficient, more resilient electrical grid. The 32 demonstration projects, which include large-scale energy storage, smart meters, distribution and transmission system monitoring devices, and a range of other smart technologies, are detailed here.
The U.S. Department of Labor has announced it will award $55 million in green jobs grants to support job training and labor market information programs to help workers find jobs in expanding green industries and related fields.
The Energy Department will spend $144.7 million in Recovery Act money to set up eight new research and testing facilities at seven of its national laboratories, and to support clean energy projects in Maine and Florida.
Baltimore Gas& Electric, one of the big Smart Grid stimulus winners with a $200 million grant, took its Smart Grid case before the Maryland Public Service Commission this week and outlined its plans to combine smart meters with a new time-of-use price structure. Consumer advocates still have lots of questions.
Multi-state transmission utility American Transmission Company (ATC) is negotiating two DOE investment grants totaling $12.7 million for expansion of its Smart Grid technologies programs that include grid monitoring and fiber optics communications.
In the latest round of awards for Recovery Act funded Energy Efficiency and Conservation Block Grants (EECBG), Alaska, Kansas, Utah and West Virginia will share $38 million. The money will support projects designed to lower energy use, reduce carbon pollution, and create local green jobs.
Innovative technologies designed to modernize the hydropower infrastructure without new dams will get $30.6 million in Recovery Act funds. The seven projects selected by the DOE are expected to increase efficiency and reduce environmental impacts at existing hydro facilities.
We're getting mixed signals about the vitality of the smart grid market. On the one hand, the recent DistribuTECH conference was one of the most successful ever. On the other, a well-known Wall Street analyst recently told his clients that the smart metering sector is "facing several headwinds," including weak regulatory support in the U.S. and delays in European adoption. Taking the pulse of the smart grid industry is this week's Tuesday Topic.
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