U.S. RECOGNIZES ROLE OF GRID ENHANCING TECHNOLOGY AS PART OF MAJOR CLEAN ENERGY LEGISLATION
Smart Wires applauds the passage of the Inflation Reduction Act of 2022 in the United States, a historic effort by the federal government to reduce carbon emissions and invest in clean energy.The legislation includes $369 billion in investments in clean energy and climate change programs with the goal to reduce carbon emissions by 40% by 2030. In doing so, the legislation aims to lower energy costs for American consumers and increase the production, availability and usage of renewable energy. The Department of Energy will receive $100 million to study the development of interregional