ESCI KSP

Industry and Enterprise   –  Industry Overview:

I-1.1 Industrial Policy

Federal Matching Fund for Smart Grid Investment Costs

The Smart Grid Regional Demonstration Initiative was established by Title XIII of the Energy Independence and Security Act of 2007 (EISA), Section 1306.

Initiative Background

President Obama has announced the largest single grid modernization investment in U.S. history, funding a broad range of technologies to spur the nation’s transition to a smarter, stronger, more efficient and reliable electric system. This will promote energy-saving choices for consumers, increase energy efficiency, and foster the growth of renewable energy sources like wind and solar power. The $3.4 billion in investments are part of the American Reinvestment and Recovery Act, and will be matched by industry funding for a total public-private investment worth over $8 billion.


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