US DOE Awards More than $47M in Recovery Act Funding to Advance Smart Grid Development; New Smart Grid Report and Smart Grid Clearinghouse
Green Car Congress
JULY 21, 2009
Smart grid supports EV and PHEV deployment through real-time pricing structures and bi-directional metering. Real-time pricing would enable customers to recharge vehicles during off-peak hours at reduced cost. The company will also use Recovery Act funding to demonstrate a prototype cable in the Long Island Power Authority power grid.
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