Smart Grid Investment Grant Program - Progress Report (July 2012)
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The SGIG program is structured as a public–private partnership to accelerate investments in grid modernization. The $3.4 billion in federal Recovery Act funds are matched on a one‐to‐one basis (at a minimum) with private sector resources—bringing the total investment in SGIG projects to $7.8 billion. DOE used a merit‐based, competitive process to select and fund 99 projects that are now deploying smart grid technologies and systems across the power grid, from transmission system to end‐use customer, in almost every U.S. state.
The SGIG program provides a unique opportunity to spur innovation and investment in building a smarter electric grid. This report provides a summary of the SGIG program’s progress, initial accomplishments, and next steps.