The Biden administration announced nearly $3.5 billion in funding Wednesday to strengthen United States power grids in an effort to boost reliability and avoid capacity shortfalls or blackouts during extreme weather events.
The money will also help bolster grid reliance, including building out interregional transmission that can help the region export available capacity to other parts of the country in the event of a shortage. Speaking to reporters to preview the investment on Wednesday, White House Infrastructure Implementation Coordinator Mitch Landrieu stressed the importance of investing in the U.S. power grid at a time when high-heat events and winter storms have put millions at risk for rolling blackouts or extended outages.
The funds are managed by DOE’s Grid Resilience and Innovation Partnerships, or GRIP program, which is meant to modernize the U.S. power grid and mitigate the effects of natural disasters and extreme weather events worsened by climate change, according to a description provided by the White House.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dcexaminer - 🏆 6. / 94 Read more »
Source: dcexaminer - 🏆 6. / 94 Read more »