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

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Smart grid regional demonstrations involving plug-in vehicles include (ranked by DOE funding): Columbus Southern Power Company (doing business as AEP Ohio). The 1 MW/4hr system will store potential energy in the form of compressed air in above-ground industrial pressure facilities. 10,792,045. 44 Tech Inc. (PA). 10,000,000.