Biden Announces $3.5 Billion for Projects to Strengthen Electric Grid

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Transmission towers near the CenterPoint Energy facility on Dec. 22, 2022 in Houston, Texas. Gov.

— 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

Projects to be funded include $249 million each for rural areas in Georgia and Louisiana and $250 million for a Native American tribe in Oregon. The grid “is especially vulnerable to the increasing impacts of the climate crisis,” Landrieu added. “Older equipment can overload during extreme heat and cold when power is needed most. And it’s more likely to fail when communities are washed out by historic floods and decimated by stronger storms.''

The projects announced Wednesday are “exactly the kind of thing that we should be doing: promoting renewables, better storage and better electrical grids for a better, greener, more resilient future,” Foley said. CPS Energy in San Antonio will receive $30 million for a resiliency program, and Minnesota-based Xcel Energy will receive $100 million for projects in Texas, Colorado, New Mexico, Minnesota and Wisconsin to improve wildfire risk mitigation, including thousands of fire-resistant poles, tree clearing and wind strength testing.

 

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