Smart Grid demo in line for stimulus funding

FORT COLLINS – The Smart Grid Demonstration Project in Fort Collins will receive a $4.8 million boost thanks to the American Recovery and Reinvestment Act.

The funds will help the city of Fort Collins and several other partners continue research, development and demonstration of an integrated system of clean energy technologies and distributed energy resources. The $4.8 million is part of a larger funding package garnered by the state.

Colorado was one of seven states receiving a total of $162 million announced Monday by the U.S. Department of Energy. Colorado was awarded almost $19.69 million. The funding will support several projects aimed at expanding renewable energy and increasing energy efficiency.

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The funds are part of the DOE’s State Energy Program, for which states have proposed plans that prioritize energy savings, create or retain jobs, increase the use of renewable energy and reduce greenhouse gas emissions. Colorado could receive more than $24 million in additional funding if it successfully implements its plans.