Biden admin allocates $3.5B to bolster power grids.
OAN’s Brooke Mallory
12:57 PM – Thursday, October 19, 2023
In an effort to enhance dependability and prevent capacity shortages or blackouts during extreme weather events, the Biden administration has announced a massive investment of approximately $3.5 billion on Wednesday to upgrade the electricity systems in the United States.
According to White House officials, this investment, made possible by the Bipartisan Infrastructure Law, represents the most significant direct funding for essential grid infrastructure in the history of the United States.
By funding 58 different projects across 44 states, this investment will bring 35 gigawatts of renewable energy online, contributing to the overall goal of increasing the use of renewable energy sources.
Furthermore, the funds will support the development of interregional transmission, enabling the export of available capacities to other regions during shortages, thus strengthening grid dependability.
The administration also claims that this funding will facilitate the implementation of more renewable energy projects and enhance the resilience of Western states against wildfires.
This investment comes at a critical time when millions of people are at risk of rolling blackouts or prolonged outages due to severe weather conditions.
During a preview event on Wednesday, White House Infrastructure Implementation Coordinator Mitch Landrieu emphasized the importance of investing in the U.S. power grid, highlighting its vulnerability to the impacts of the climate crisis.
“Our outdated grid is especially vulnerable to the increasing impacts of the climate crisis,” Landrieu said. “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.”
According to White House officials, the funds are managed by the DOE’s system Resilience and Innovation Partnerships, or “GRIP” program, which aims to upgrade the American electricity system and mitigate the consequences of extreme weather events and natural disasters.
In alignment with the administration’s clean energy and carbon reduction goals, the program seeks to expand the use of renewable energy sources and enhance grid dependability through innovative methods of transmission, storage, and distribution of power.
Energy Secretary Jennifer Granholm stated that this involves incorporating additional renewable projects that the administration supports.
“The grid, as it currently sits, is not equipped to handle all the new demand,” she told reporters.
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What are the goals and objectives of the DOE’s “GRIP” program in managing and utilizing the funds for grid resilience and innovation?
The Biden Administration Announces $3.5 Billion Investment to Upgrade US Power Grid
In order to enhance dependability and prevent capacity shortages or blackouts during extreme weather events, the Biden administration has announced a massive investment of approximately $3.5 billion on Wednesday to upgrade the electricity systems in the United States. This investment, made possible by the Bipartisan Infrastructure Law, represents the most significant direct funding for essential grid infrastructure in the history of the United States, according to White House officials.
The funds will be used to support 58 different projects across 44 states, bringing 35 gigawatts of renewable energy online. This will contribute to the overall goal of increasing the use of renewable energy sources. Additionally, the funds will support the development of interregional transmission, enabling the export of available capacities to other regions during shortages, thus strengthening grid dependability. The administration also claims that this funding will facilitate the implementation of more renewable energy projects and enhance the resilience of Western states against wildfires.
This investment comes at a critical time when millions of people are at risk of rolling blackouts or prolonged outages due to severe weather conditions. During a preview event on Wednesday, White House Infrastructure Implementation Coordinator Mitch Landrieu emphasized the importance of investing in the U.S. power grid, highlighting its vulnerability to the impacts of the climate crisis.
“Our outdated grid is especially vulnerable to the increasing impacts of the climate crisis,” Landrieu said. “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 funds will be managed by the DOE’s system Resilience and Innovation Partnerships, or “GRIP” program, which aims to upgrade the American electricity system and mitigate the consequences of extreme weather events and natural disasters. In alignment with the administration’s clean energy and carbon reduction goals, the program seeks to expand the use of renewable energy sources and enhance grid dependability through innovative methods of transmission, storage, and distribution of power.
Energy Secretary Jennifer Granholm stated that this involves incorporating additional renewable projects that the administration supports. “The grid, as it currently sits, is not equipped to handle all the new demand,” she told reporters.
This investment represents a significant step towards a more reliable and sustainable power grid in the United States. As the country continues to face the challenges posed by climate change, upgrading the power grid is crucial to ensure the availability of electricity during extreme weather events and prevent potential blackouts. With the implementation of these projects, the United States will further position itself as a leader in renewable energy and strengthen its resilience against future climate-related disruptions.
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