On October 27, Environmental Defense Fund applauded the announcement by President Obama awarding $3.4 billion in stimulus grants to support modernizing the nation's electrical grid. The funds are being matched by $4.7 billion in private funds to accelerate efforts by utilities, manufacturers, cities and their partners to build this critical platform for innovation.
Because stand-alone solutions do not achieve the necessary transformation, the smart grid will supply the brains and nervous system needed to devise an overall solution integrating advances in information and communication technologies with all the other pieces
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