Smart Grid Bolstered by $3.5bn in 2016 U.S. Budget

Smart Grid Funding

 

The U.S. Department of Energy (DoE) has put a request in the 2016 budget for US$3.5 billion over the next 10 years for investment in smart grid foundational technology development, enhanced security capabilities, and greater institutional support and stakeholder engagement. The request appears in the first installation of a Quadrennial Energy Review, which includes initiatives to promote grid modernization.

The 2015 Quadrennial Technology Review examines the most promising research, development, demonstration, and deployment (RDD&D) opportunities across energy technologies. Specifically, this analysis identifies important technology RDD&D opportunities across energy supply and end-use in working towards a clean energy economy. The insight gained will provide essential information for decision-makers as they develop funding decisions, approaches to public-private partnerships, and other strategic actions over the next five years.

The review, which aims to “modernize the Nation’s energy infrastructure to promote economic competitiveness”, includes a comprehensive grid modernization proposal.

Also outlined in the document improving grid communication through standards and interoperability.

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