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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. 29,561,142.

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

Tony Karrer Delicious EVdriven

And in a true smart grid, electric cars will not only be able to draw on electricity to run their motors, they will also be able to do the reverse: send electricity stored in their batteries back into the grid when it is needed. In effect, cars would be acting like tiny power stations. The infrastructure is already there.&#

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