NewswireToday - /newswire/ -
Columbia, MD, United States, 2010/09/21 - Energetics Incorporated has won a three-year, $21.7 million contract to support the U.S. Department of Energy (DOE) Office of Electricity Delivery and Energy Reliability (OE).
The contract is the second largest in the company’s 31-year history and supports two of the OE’s biggest programs, the Electricity Research and Development program and the Smart Grid Investment Grant program.
Although Energetics has provided consulting services to the OE Electricity Research and Development program for many years—and has been working with the Smart Grid program since mid-2009 as a subcontractor—this is the first time Energetics will be working as the prime contractor.
“Energetics has been collaborating with DOE on its electricity sector work for decades, and we are excited about the opportunity to continue and expand our efforts for this key client,” said Energetics’ President, Nancy Margolis.
The funding will be used to address the research and development needs of the two programs through program planning and implementation, peer review, project and program benefit analysis, technology surveillance, stakeholder engagement, and technical communications. As the prime contractor, Energetics (energetics.com) is putting more agile and efficient processes in place to provide the OE with faster responses at a reduced cost.
Work on the Smart Grid program is already underway, with 100 projects funded through the American Recovery and Reinvestment Act designed to create jobs, foster new businesses, and enhance the U.S. electric grid with new smart grid technologies, tools, and techniques. Energetics will support OE in the management and oversight of these 100 projects.
“One of the interesting challenges with this work is that OE is charged with disbursing the funds as quickly as possible to stimulate the economy, but at the same time the office needs to be prudent about how the funds are spent. One of our jobs is to provide efficient feedback on whether fund requests are eligible, allowable, reasonable, and allocable. It is an interesting challenge for our team,” said Energetics’ Smart Grid Investment Grant Program Manager, Christopher Kelley.
Learn more about Energetics’ R&D Program Management Services.