Massive $3.5B Investment to Upgrade US Electric Grid Announced by Biden Administration
TL;DR Summary
The US Department of Energy is awarding $3.46 billion in grants to upgrade the electric grid, marking the largest-ever investment in grid upgrade in the country. The grants are part of the Grid Resilience and Innovation Partnerships program and aim to prevent blackouts, bring more clean energy online, and enhance grid resilience. The projects span across 44 states and include investments in microgrids and partnerships with the International Brotherhood of Electrical Workers. The initiative aligns with the International Energy Agency's call for grid improvement and expansion to support clean energy.
Topics:business#energy#grants#grid-resilience#infrastructure#renewable-energy#us-department-of-energy
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- The Biden administration awards $3.5B for grid resiliency Axios
- Louisiana is getting $249M for electric grid upgrades Greater Baton Rouge Business Report
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