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IPFS News Link • Economy - Economics USA

Forbes: Smart Grid Dreams Fading Without Congressional Support

• https://www.technocracy.news, JEFF MCMHON

Congress hasn't allocated funding explicitly for the Smart Grid since the Obama stimulus package in 2009, the Congressional Research Service noted this month, and without Congressional support, the grid could develop in slow and piecemeal fashion, with increased risk of incompatible parts.

Richard J. Campbell, an energy-policy specialist for CRS, reports that current funding levels, delivered through Department of Energy programs, state programs and utilities, cannot meet the estimated cost to modernize the grid by 2030.

"Congress could provide funding to help bridge the funding gap if it chooses to accelerate adoption of the Smart Grid," he writes in an April 10 report to members of Congress. "A number of near-term trends—including electric vehicles, environmental concerns, and the ability of customers to take advantage of real-time pricing programs to reduce consumer cost and energy demand—would benefit from investments in Smart Grid enabled technologies."


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