Biden administration announces $3.5 billion for projects to strengthen nationwide electric grid stressed by extreme weather

Posted on AllSides October 27th, 2023
From The Center

The Biden administration on Wednesday announced $3.5 billion for 58 projects across the country to strengthen electric grid resilience as extreme weather events such as the deadly Maui and California wildfires continue to strain the nation’s aging transmission systems.

Energy Secretary Jennifer Granholm said it was the largest federal investment ever in grid infrastructure, supporting projects that will harden electric systems and improve energy reliability and affordability. The federal spending, combined with money promised by private partners, could result in up to $8 billion in investments nationally to upgrade the grid, Granholm said.

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https://fortune.com/2023/10/19/biden-administration-jennifer-granholm-35-billion-strengthen-nationwide-electric-grid-extreme-weather/

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