“The $3.4 billion in Smart Grid Investment Grant awards are part of the American Reinvestment and Recovery Act, and will be matched by industry funding for a total public-private investment worth over $8 billion. Applicants state that the projects will create tens of thousands of jobs, and consumers in 49 states will benefit from these investments in a stronger, more reliable grid.Not to be outdone, Vice President Biden was in Wilmington Delaware today to announce Fisker Automotive's purchase and reopening of a GM auto plant that was recently closed down. The electric vehicle manufacturer, an EV competitor of California's Tesla Motors, is expected to manufacturer moderately priced sedans at its new Wilmington location. The new Fisker plant is expected to employ 2,000 workers, up from the 450 workers there when GM closed the plant down last summer. This is huge news for not only electric vehicle enthusiasts but our nations's beleagured automotive industry and manufacturing base.
Speaking at Florida Power and Light’s (FPL) DeSoto Next Generation Solar Energy Center, President Barack Obama today announced the largest single energy grid modernization investment in U.S. history, funding a broad range of technologies that will spur the nation’s transition to a smarter, stronger, more efficient and reliable electric system. The end result will promote energy-saving choices for consumers, increase efficiency, and foster the growth of renewable energy sources like wind and solar. "
Huge day for the Obama Administration, Clean Energy, and EV
Other Posts by ChrisSchultz
U.S. Senate may scrap Cap and Trade in exchange for Cap and Dividend - February 27, 2010
Supreme Court Ruling is a Huge Blow to Climate Change Legislation - January 22, 2010
PA State Rep Daryl Metcalfe: Veterans supporting global warming and climate change legislation should "Remember Benedict Arnold" - December 19, 2009
G20 Outcomes - September 30, 2009
Paul Krugman: "This truth is just too inconvenient - September 28, 2009
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DavidWalters said:
OK, so... a $150 million tax payer project for FPL that produces nameplace capacity of 40MWs? Is this correct? So...that's $3200 a kw installed? Hmmm...ok, but with a .20 real capacity factor, to produce 24 hours of 40MWs power, or 960MWhours with storage, you'd have to over build by...400%? So...that...the cost for construction would be...for this large a project that truly could supply all these people (960MWhrs) would cost...about $12,000. I see.-
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Scott Edward Anderson is a consultant, blogger, and media commentator who blogs at The Green Skeptic. More »
Marc Gunther is a writer, speaker and consultant, who focuses on business and the environment. More »
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Jesse Jenkins is the director of energy and climate policy at the Breakthrough Institute. More »
Robert Rapier works in the energy industry and writes and speaks about energy and the environment. More »
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