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News in English (USA) / 04.10.2024 / 10:00

Biden Administration Invests $1.5 Billion in Power Grid Projects to Enhance Electricity Access and Reliability

In a significant move to modernize the nation's electricity infrastructure, the Biden-Harris Administration has announced a $1.5 billion investment aimed at improving power grid capabilities across various states. This funding supports four key projects, including efforts to connect Texas's isolated grid to the broader U.S. system through a $360 million power line. Additionally, Maine has been awarded $425 million for a clean energy initiative in Aroostook County, aimed at enhancing renewable energy access and reliability. The Department of Energy has also released a national transmission planning study to identify future grid development opportunities as the pressure for election-related energy reforms mounts. These investments are expected to strengthen and expand the electrical grid, meeting new demands and fostering a transition to cleaner energy sources.
Energy.gov, The Dallas Morning News, Maine Morning Star, The Hill, POLITICO Pro, Axios, Roll Call , Reuters, E&E News, UPI News