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VisitWill the $2 billion power grid projects be completed by end of 2025?
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Department of Energy reports or official press releases
Biden Administration Awards $2 Billion to Strengthen US Power Grid Against Extreme Weather
Oct 18, 2024, 04:33 PM
The Biden administration is awarding nearly $2 billion in funding to strengthen the US power grid against extreme weather and expand transmission projects. This initiative is part of a broader effort to enhance grid resilience and flexibility through the Department of Energy's $10.5 billion Grid Resilience and Innovation Partnerships (GRIP) Program. The funding includes a $31.8 million federal grant awarded to Avangrid's subsidiary to deploy cutting-edge grid technology. This move aligns with President Joe Biden's push to secure major climate initiatives and establish a climate legacy as the election approaches. The projects aim to protect against storms.
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