“These investments will make our power system more resilient against threats and more reliable as we increase our clean energy capacity, creating thousands of jobs in the process,” said Energy Secretary Jennifer Granholm, in a statement.
There will be $3.25 billion in loans available for projects that unlock renewable energy in the Western U.S. Another $5 billion in loans will support transmission projects owned by federally recognized tribes and Alaska Native Corporations, including transmission to connect offshore wind.
The Department of Transportation will help speed the siting and permitting of transmission projects by facilitating the use of public highways and other transportation rights-of-way, Transportation Secretary Pete Buttigieg said. It will also issue guidance that will help states build renewable energy projects and transmission lines.
Biden releases money in push to modernize US electric grid
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Biden releases money in push to modernize US electric grid
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Biden releases money in push to modernize US electric grid
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