Ameren in hunt for stimulus funds - KMOV.com

Ameren in hunt for stimulus funds

The Missouri and Illinois branches of Ameren Corporation, fresh from a strong second quarter, have put out a request for millions of dollars in federal stimulus funds to aid development of a smart grid and other projects.

Approximately $43 billion of the total $787 billion available under the American Recovery and Reinvestment Act of 2009, known as the stimulus package, are set aside for energy projects and efficiency.

Missouri-based AmerenUE has requested a total of $140 million in federal stimulus money while Ameren Illinois Utilities (AIU) has requested $45 million in matching grants.

In one of three reports released Thursday by Ameren, AmerenUE said that they are wanting to use the funds to modernize its delivery system throughout Missouri and to develop what they are calling an Advanced Distribution Management System, which would unify the utility's multi-component computer operating system needed to monitor and control the grid and other elements of the network.

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