Energy budget to focus primarily on clean energy, grid improvements
SUBNET Solutions Inc | Friday, February 17, 2012
President Barack Obama's fiscal year 2013 budget allocates slightly higher funding to the U.S. Department of Energy, which will use the bulk of the funds to improve the electric grid and promote clean energy, Renew Grid reports.
According to the news source, the $27.2 billion budget request for the DOE is 2.3 percent higher than 2012's budget, and was developed with smart grid technologies and transmission initiatives in mind.
"In light of the tight discretionary spending caps, this increase in funding is significant and a testament to the importance of innovation and clean energy to the country’s economic future," the budget proposal read.
The DOE stated it hopes to install nearly 26 million smart meters and homes and businesses by 2013 using funds from the new budget. Also, the money will be used for cyber security research and development in the energy sector. The administration says it kept funding for cyber security research the same, as smart grid technologies have changed the way energy information is controlled and communicated.
With a budget conducive to the further development of the smart grid, utilities will need the software and expertise of SUBNET Solutions Inc. as they begin substation automation projects.
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