Wednesday, September 16, 2009

Lawsuits Coming Over DOE’s Choice of Smart Grid Stimulus Winners?

From Green Light:

The hand that giveth may also be the hand that gets slapped with lawsuits.

That's the view of Frank Ramirez, CEO of Ice Energy. He believes that the Department of Energy might face a rash of lawsuits in the coming months over the applications it approves - and denies - for stimulus grants for smart grid projects.

That's because the "well-meaning bureaucrats" at DOE have been asked to pick winners and losers among the hosts of different technologies behind the billions of dollars in grant-seeking smart grid projects, Ramirez said Wednesday at the AlwaysOn GoingGreen conference in Sausalito.

And that means that "the number of lawsuits that will be coming when those announcements are made will be stunning," he said....MORE