Massive Investment: Biden's $3.5 Billion Grid Upgrade Bolsters US Power Infrastructure
The Biden Administration plans to invest $3.46 billion to upgrade the U.S. electric grid, funding 58 projects across 44 states, including 400 microgrids. The aim is to tap more clean energy from wind and solar, bringing over 35 gigawatts of clean energy to the grid. The funding comes from the Bipartisan Infrastructure Law, and the upgrades are necessary as more than half of the country's transmission lines and power transformers were installed before the 1970s. The aging grid is increasingly strained by extreme weather events fueled by climate change, leading to widespread outages. The investment is seen as a tool for climate resilience and job creation.
