A new report by Innovation Observatory, more than $378 billion will be collectively invested in building electricity smart grids by 2030. Sources: Http://Xrl.Us/Bii2sf http://xrl.us/bigqfh

Monday, October 26, 2009

News: Obama plans big smart grid announcement

Mon Oct 26, 2009 12:07pm EDT

WASHINGTON (Reuters) - President Barack Obama will announce the largest investment of economic stimulus funds in clean energy during a visit to Florida, an Obama administration official said on Monday.

The announcement will involve the smart grid, which will help bring energy from clean domestic sources to consumers in 49 states and help build a strong and more reliable electricity grid, the official said.

Obama is to travel to Arcadia, Florida, on Tuesday to make the speech and take a tour of the DeSoto Next Generation Solar Energy Center.

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