Smart Grid News

Posts by Smart Grid News

Judging from a DOE analysis of smart grid projects, spending on Smart Grid Investment Grants and Smart Grid Demonstration Programs is more than paying off. As of March 2012, the $2.9 billion spent on projects has yielded a total economic output of $6.8 billion.

Also, the analysis indicated that high tech, industrial and service businesses usually involved in smart grid projects record higher than average labor income and boost job numbers in the economy through “indirect and induced mechanisms.” Keep reading →