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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

Smart grid supports EV and PHEV deployment through real-time pricing structures and bi-directional metering. Bi-directional metering would enable customers to purchase energy at off-peak hours and sell unused, stored energy back to the utility during peak periods at higher rates. Smart Grid System Report Annex A.

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