Report finds inadequate funding for U.S. energy grid

04/30/2012 | Smart Grid News

Total U.S. investment in next-generation energy solutions such as the smart grid is forecast to exceed $560 billion by 2020, but that won't be enough to protect the nation's infrastructure against service interruptions and capacity bottlenecks, according to a report from the American Society of Civil Engineers, which identified an estimated $107 billion spending shortfall. The ASCE says closing the funding gap would not only lessen the probability of brownouts and blackouts but also save jobs and boost economic competitiveness.

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