By Wanda K. Reder
Extending Smart Grid’s Services and Benefits to all Markets
The 2009 American Recovery and Reinvestment Act (ARRA) was a significant, recent investment in advancing smart grid technologies; however it is only the very beginning of a long journey ahead. The purpose of the ARRA was to start a grid modernization movement by funding smart grid pilot and demonstration projects. The ARRA provided $3.4 billion in federal stimulus monies, which were matched with $4.6 billion in private funding, to support 99 projects that are deploying smart grid technologies, tools, and techniques for electric transmission, distribution, advanced metering, and customer systems.