The U.S. Division of Vitality (DOE) on Wednesday introduced a $2.2 billion funding in eight grid initiatives throughout 18 states to bolster the nation’s energy community in opposition to excessive climate, decrease prices, and assist clear vitality progress.
Funded by the Bipartisan Infrastructure Legislation’s Grid Resilience and Innovation Partnerships (GRIP) program, the initiatives will leverage practically $10 billion in whole private and non-private funding, including 13 gigawatts (GW) of grid capability, together with 4,800 megawatts (MW) of offshore wind energy, the DOE stated in a media launch.
The initiatives are anticipated to create 5,000 jobs and improve over 1,000 miles of transmission strains.
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“The primary half of 2024 has already damaged data for the most popular days in Earth’s historical past, and as excessive climate continues to hit each a part of the nation, we should act with urgency to strengthen our ageing grid to guard American communities”, stated U.S. Secretary of Vitality Jennifer M. Granholm. “The Biden-Harris Administration is investing in probably the most essential element of the nation’s infrastructure, increasing and hardening the grid to permit extra resilient, clear energy to achieve extra households, and assist the continuing manufacturing growth—all whereas creating hundreds of native jobs”.
“As we construct out the nation’s energy grid to maintain tempo with historic manufacturing and clear vitality progress, we’re doing so by harnessing modern applied sciences to decrease vitality prices, create tons of of hundreds of good-paying jobs, and tackle the local weather disaster. The investments we’re making in the present day will improve the energy and resilience of our grid, particularly within the face of extra climate-fueled excessive climate occasions like wildfires, flooding, and excessive warmth”, White Home Nationwide Local weather Advisor Ali Zaidi stated.
The GRIP program represents the federal authorities’s largest direct funding in essential grid infrastructure, in keeping with the DOE.
Over $300 million will probably be invested in neighborhood workforce growth, scholarships, and grants to neighborhood organizations, the DOE stated. Six of the eight initiatives will companion with labor unions, together with a minimum of 5 with the Worldwide Brotherhood of Electrical Staff.
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