Significant Funding for Infrastructure Projects
The U.S. Department of Energy (DOE) has announced an investment of nearly $2 billion aimed at enhancing the resilience of the national power grid in response to the escalating risks from extreme weather. This funding will support 38 projects designed to reduce costs for communities and expand grid capacity to meet rising demands from sectors such as manufacturing and data centers.
Enhancing Grid Capacity and Job Creation
The initiative, launched under the Grid Resilience and Innovation Partnerships (GRIP) program, will implement innovative transmission and distribution infrastructure along with technological upgrades. These enhancements are expected to provide over 7.5GW of additional grid capacity, expedite the interconnection of new clean energy projects, and create nearly 6,000 well-paying jobs. The overall investment is projected to stimulate more than $4.2 billion in both public and private sectors.
Targeted Projects Across the Nation
Spanning 42 states and the District of Columbia, these 38 projects include six initiatives in the Southeast that were highlighted by President Biden during his recent visit to Florida. These projects are directly linked to utilities affected by Hurricanes Helene and Milton. The funding will upgrade over 950 miles of transmission infrastructure, including the construction of more than 300 miles of new lines and enhancements to over 650 miles of existing lines.
Supporting a Broader Initiative
This funding is part of the Bipartisan Infrastructure Law, which is directing $10.5 billion towards improving grid flexibility and resilience against the threats posed by climate change and extreme weather. The GRIP program aims to increase overall grid capacity by 55GW, enough to power more than 40 million homes annually.
US Secretary of Energy Jennifer M. Granholm emphasized the importance of this investment, stating that the Biden-Harris Administration is leveraging all available resources to strengthen the nation’s aging electric systems against the backdrop of increasing extreme weather events.
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