On Tuesday, Oct. 29, the Feds
announced which utilities were winners and losers for the 3.4 billion in smart grid stimulus funds. Earth2Tech discloses that close to 100 recipients received stimulus money and, approximately, 300 missed the money. Utilities that missed project funding were California's Pacific Gas & Electric, San Diego Gas & Electric (which received $28.1 million for its
GridComm wireless smart grid project) Southern California Edison, National Grid, Oncor and the Tennessee Valley Authority.
Click here to see a detailed list. Also, Whirlpool won $19.33 million for smart appliances—smart meters need smart appliances—and M2M Communications reeled in 2.1 million for a smart irrigation system in California's Central Valley.
CNN reports a substantial portion of the Utilities' money is directed toward smart meters, so the "smart grid" build-out can begin. The smart grid will be able to "talk" to smart appliances, manufacturing facilities and down the road, harness electricity generated from wind and solar. Other projects announced Tuesday include the modernization of electric substations and transmission centers.
