Part of President Hope’s energy policy is the creation of a smart grid, an intelligent infrastructure for distributing energy. He allocated $11 billion of the stimulus package to the research and implementation of a smart grid. Looks like we might get some of that money.

Lockheed Martin, a likely recipient of stimulus money, has entered into a partnership with Penn State to research smart grid technologies. Penn State Live tried to explain what the research would focus on:

Specifically, the research will include advisory and control methods, predictive and diagnostic modeling and simulation, cyber security, and the development of a test bed for exploration, experimentation and validation of Advanced Meter Infrastructure and Smart Grid technologies.

Does anyone (*cough* Veblen) know how Penn State will be compensated for any technologies that come out of this research, or really, research in general?