13 Jun '11, 3pm

Obama administration to put $250 million towards smart grid

As exciting as alternative energy is, all the wind turbines in the world are not going to replace dirty energy unless the power they generate can get to consumers. That requires a better, smarter power grid than the U.S. has now. The Obama administration has been reasonably supportive of that goal, packing $4.5 billion for improving the grid into the stimulus bill back in 2009. And this morning, John Holdren, the White House's top science and technology advisor, and Energy Secretary Steven Chu, along with a few other high level officials, are trotting out a new report [PDF] on how to continue efforts to improve the grid efforts and announcing few new initiatives to keep the momentum going. The new initiatives, however, aren't game-changing: $250 million in loans for rural towns to upgrade their infrastructure; a private-sector project called "Grid 21," which is supposed "p...

Full article: http://www.grist.org/list/2011-06-13-obama-administration...

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