Energy Department to award $3.3B for smart power grids - New Mexico Business Weekly:

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billion in federal stimulus grants, of up to $200 milliobn apiece, to companies and utilities to help developa smarter, faste power grid. The first round of applicationz are dueJuly 29, with future rounds in Decembere 2009 and March 2010 if fundin remains. But DOE’s plans for this stimulus funding hikes the maximumm amount of individual grants from the previousluyproposed $20 million, a cap that many potentialp applicants said would not be enough to fund real changd toward a smart grid -- often described as a new automatexd network that could measure the amounts and peak times of a homeowner’s or actual electricity consumption, detect outagee and problems and electronically notifyu utilities, and perhaps even store powedr during off-peak hours to be used during times of highetr demand.
In all, the federal governmentf had setaside $4.5 billion in stimulus funds to help fashiojn a nationwide smart The National Institutes of Standards and Technology, which received $220 million of its own stimulus funds toward this hopes to debut new nationak standards for smart grid products and technologiesz by the end of this year.