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Energy Department will award $3.3B for smart power grids
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Posted on
Jun 30 2009 8:38 AM
by
adeal
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The U.S. Department of Energy plans to unlock $3.3 billion in federal stimulus grants, as much as $200 million apiece, to companies and utilities to help develop a smarter, faster power grid. The first round of applications is due July 29, with future rounds in December and March 2010 if money remains. The department’s plans for this stimulus money raises the maximum amount of individual grants from the previously proposed $20 million.
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