obama smart grid announcement

The US President Barack Obama, and Vice President Joe Biden are expected to make important announcements that will provide stimulus for a greener future. An Obama administration official has said that the President will make announcement regarding Smart Grids during his visit to Florida. Obama’s announcement of a Smart Grid will be the government’s largest investment of economic stimulus funds in clean energy.

The Smart Grid will bolster the production of energy from clean domestic sources to consumers in 49 states. At the same time, this will also help create a more powerful, stable and robust grid with clean energy playing an important role.

In a separate visit to a closed General Motors plant in Wilmington, Delaware, the US Vice Presiden Joe Biden will announce that the plant will be reopened for production of plug-in hybrid electric cars. However, it isn’t GM that is opening the plant, it is California based Fisker Automotive that will take control of the plant. Fisker is well known for its first plug-in electric vehicle, the Fisker Karma.

Source: Reuters

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