"Biden Administration Invests $1.3 Billion to Upgrade US Electric Grid with New Power Lines"

TL;DR Summary
President Joe Biden has announced a $1.3 billion federal investment to construct three new interstate power lines, aiming to upgrade the outdated U.S. electric grid and transition to clean energy. The transmission lines will span six states and supply an additional 3.5 gigawatts of energy to the grid, equivalent to powering 3 million homes. The investment is part of the Biden administration's plan to achieve a carbon-free power sector by 2035. However, the construction of power lines often faces delays and challenges, and the projects are subject to necessary approvals and permitting processes.
- Biden announces $1.3 billion to build new power lines, upgrade aging electric grid CNBC
- Energy Dept. Pours Billions Into Electric Grids The New York Times
- Biden administration announces $1.3B for 3 new massive transmission lines to shuttle clean energy CNN
- Xcel revives Minneapolis 'resilience hubs' idea with federal funding Star Tribune
- US to Fund Three New Power Lines to Aid Ailing Electric Grid Bloomberg
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
81%
494 → 93 words
Want the full story? Read the original article
Read on CNBC