Biden administration investing $3.5B to strengthen US electric grid

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The Biden administration announced Wednesday it is putting $3.5 billion toward dozens of projects to strengthen the country's electric power grid and bolster its resilience against climate-related disasters.

"Extreme weather events fueled by climate change will continue to strain the nation’s aging transmission systems, but President Biden’s Investing in America agenda will ensure America’s power grid can provide reliable, affordable power," Granholm said in a statement.

The investment will fund projects aimed at increasing the efficiency and reliability of electric power systems, with a focus on things like solar, wind and other renewable energy. Granholm said the projects will also address problems like extreme weather brought on by climate change.

 

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