OBAMA| 3.4 BILLION TOWARDS PLAN TO UPGRADE US ENERGY GRID

October 27, 2009 The Unbiased Writer

 

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 Earlier today, President Barack Obama made a pitch for renewable energy, announcing $3.4 billion in government support for projects aimed at modernizing the country’s power grid.  After touring a field of solar energy panels, the president gave a speech on the importance of several technologies that could potentially make America’s power transmission system more efficient and better suited to the digital age.

The projects include automating utility substations, installing “smart” electric meters in homes, and installing thousands of new digital transformers and grid sensors. According to Obama, modernization would lead to a “smarter, stronger and more secure electric grid.” In addition, a modern grid could give consumers better control over their electricity usage and costs, and spur development of renewable energy sources such as wind and solar.

“We have a very antiquated (electric grid) system in our country,” Carol Browner, assistant to the president for energy and climate change, told reporters. “The current system is outdated, it’s dilapidated.” The $3.4 billion in grants from the government’s January economic stimulus program will be matched by $4.7 billion in private investments.  The money will be distributed over the next two months and the work is expected to be done over the next one to three years. “There’s something big happening in America in terms of creating a clean-energy economy,” Obama said. What do you think?

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5 thoughts on “OBAMA| 3.4 BILLION TOWARDS PLAN TO UPGRADE US ENERGY GRID

  1. ashleyel

    YES! This is excellent news. Any step towards clean energy is a step in the right direction, and it seems like this will also create many new jobs! Love Obama!

  2. ella

    one SMALL step for man…but not a giant leap for mankind
    still have a lot of work to do but im glad progress is being made

  3. S.

    This may be one of my favorite things he has done since the inauguration. This is exactly what we needed to do years ago! We would have been able to save and hey who knows, maybe we could have prevented this weird weather this past year. I mean to think one country can save the world is crazy, but we are definitely a major contributor! This makes me more self-conscious about the way I use my energy.

  4. Mythoughts

    I’m so happy this president unlike the miserable one before him is out there rolling up his sleeves and trying to tackle so many of our issues and problems.Can you imagine how many more jobs will be out there because of this program. Just think how this one program is reaching out to so many people. Clean energy !
    Now, let’s just hope there is a designated person or agency to monitor this money.

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