Biden-Harris Administration Announces Investment of USD 34 Million to Supply Clean Energy Throughout America
Backed by the Bipartisan Infrastructure Law and administered by DOE’s Grid Deployment Office, these grants will help modernize the electric grid to reduce the impacts of climate-driven extreme weather and natural disasters while also ensuring power sector reliability.
August 07, 2023. By EI News Network
Backed by the Bipartisan Infrastructure Law and administered by DOE’s Grid Deployment Office, these grants will help modernize the electric grid to reduce the impacts of climate-driven extreme weather and natural disasters while also ensuring power sector reliability.
This funding will ascertain all communities have access to affordable, reliable, clean electricity while helping deliver on the President’s ambitious clean energy agenda—a major pillar of Bidenomics, the President’s economic strategy for growing the economy from the middle out and bottom-up.
Jennifer M. Granholm, U.S. Secretary of Energy, stated, “Every community deserves a strong and reliable energy grid that can deploy cleaner, cheaper power to homes and businesses, while keeping their lights on during extreme weather.”
He further said, “Thanks to the transformative investments in grid infrastructure under President Biden’s Investing in America agenda we are strengthening America’s workforce and preparing the nation for a more resilient, clean energy future."
Since May 2023, DOE has distributed more than USD 407 million in Grid Resilience Formula Grants thanks to President Biden’s Investing in America Agenda.
Over the subsequent five years, the Grid Resilience State and Tribal Formula Grants will distribute a total of USD 2.3 billion to States, Territories, and federally recognized tribes, comprising Alaska Native Regional Corporations and Alaska Native Village Corporations, based on a formula that includes factors such as population size, land area, probability and severity of disruptive events, and a locality’s historical expenditures on mitigation efforts.
The States, Territories, and tribes will then award these funds to complete a diverse set of projects, with priority given to efforts that generate the greatest community benefit while providing clean, affordable, and reliable energy.
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