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Heavy Push by Industry, Biden Administration to Jumpstart Transmission Expansion, Grid Modernization
Bolstering the Biden administration’s recently announced initiatives to modernize the nation’s grid and improve its resilience, the Department of Energy (DOE) on April 27 made up to $8.25 billion in loans available to expand transmission capacity nationwide, while the Department of Transportation (DOT) offered new guidance to help speed the siting and permitting of transmission lines.