U.S. Government Invests $2 Billion in Electric Grid Resilience Amidst Climate Challenges
The Biden-Harris administration has announced a significant investment of $2 billion to enhance the resilience of the electric grid against severe weather events and to support the integration of renewable energy. This funding aims to bolster grid strength across multiple states, with the Department of Energy (DOE) selecting nearly 38 projects for expansion and resilience efforts. Additionally, the Tennessee Valley Authority (TVA) has secured a $250 million federal grant in collaboration with local utilities to improve clean energy infrastructure. These initiatives, part of a broader strategy to avoid blackouts and strengthen energy security, also include targeted support for areas affected by recent hurricanes, such as Gainesville Regional Utilities, which received a $47 million grant to upgrade its electric systems.
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