President Barack Obama signed into law the American Recovery and Reinvestment Act of 2009 (P.L.111-5). The $787 billion economic recovery package represents the largest and most ambitious effort to stimulate the economy in United States history.
The Department of Energy (DOE) will be responsible for implementing over $38 billion of the $787 billion package. Of the DOE total, $4.5 Billion is allotted to the Office of Electricity Delivery and Energy Reliability. As outlined in the legislation, these funds are an investment in a nationwide plan to modernize the electric grid, enhance security of U.S. energy infrastructure and ensure reliable electricity delivery to meet growing demand. This represents a significant increase in the Department’s investment in grid modernization and reflects a recognition that a more efficient and integrated grid is not only critical to achieving President Obama’s goal to significantly increase the use of renewable energy resources, it is also integral to the Nation’s economic future. In remarks made at the signing of the American Recovery and Reinvestment Act at the Denver Museum of Nature and Science in Denver Colorado, President Obama stated, “The investment we're making today will create a newer, smarter electric grid that will allow for broader use of alternative energy.”
The funds will also support implementation of the Smart Grid programs authorized by the Energy Independence and Security Act of 2007. These include the Smart Grid technology research, development and demonstration projects authorized in section 1304, and the federal matching fund for Smart Grid technologies in section 1306. A significant share of the funds will be used to support these programs through a competitive grant process.
The Act also includes specific appropriations for:
- $100 million for Workforce Training
- $80 million to conduct a resource assessment and an analysis of future demand and transmission requirements
- $10 million for the development of interoperability standards for smart grid devices
Additional details on specific funding proposals and opportunities will be posted on this website as they become available.