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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

Green Car Congress

In the second group, an additional 16 awards for a total of $185 million will help fund utility-scale energy storage projects that will enhance the reliability and efficiency of the grid, while reducing the need for new electricity plants. Beacon Power 20MW Flywheel Frequency Regulation Plant. Notrees Wind Storage. 24,063,978.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

The vision is fuelled by the fear of climate change and the need to find green alternatives to dirty coal, unpopular nuclear power and unreliable gas imports from Russia. Aren’t we just exchanging one nonrenewable resource for another? Are we going to burn more oil, natural gas, or (gasp) coal to produce it?

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