DOE announces $2 B for grid upgrades
The DOE has announced nearly $2 billion for 38 projects to protect the grid against extreme weather, and to lower costs for communities and increase capacity.
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USA, Washington D.C.: The Department of Energy (DOE) has announced nearly $2 billion for 38 projects to protect the grid against extreme weather, and to lower costs for communities and increase capacity to meet load growth arising from an increase in manufacturing, data centers, and electrification. The projects, selected through the Grid Resilience and Innovation Partnerships (GRIP) program and supporting the Justice40 Initiative, will deploy new transmission and distribution infrastructure and technology upgrades to enable over 7.5 GW of grid capacity, fasten interconnection for new clean energy projects, support 6000 jobs, and catalyze over $4.2 billion in total public and private investment to bring reliable, affordable, and clean energy.
The projects, covering 42 states and the District of Columbia, include the six projects across the Southeast including utilities affected by Hurricanes Helene and Milton. The projects will upgrade more than 950 miles of transmission by constructing more than 300 miles of new transmission lines and reconductoring or adding grid-enhancing technologies to more than 650 miles of transmission lines to increase the capacity of existing lines.
While the first round of GRIP funding included $3.5 billion for 58 projects in 44 states, DOE has announced an additional $2.2 billion for eight additional selections. These projects will upgrade an additional 1650 miles of transmission. DOE has received applications requesting more than seven times the amount of funding available, an oversubscription rate of nearly 800%, demonstrating an increased need for such investments across the country.
Source: T&D World
#Department of Energy#DOE#grid upgrade#transmission line#USA
