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Friday, May 7, 2021 On April 27, the Biden administration announced new proposed infrastructure initiatives that may enable developers to finally break ground on their “shovel-ready” transmission line projects, including over  new guidance on how federal and state agencies can work together to approve developers looking to use the land running alongside highways, known as the federal highway right-of-way (ROW), for construction of power transmission, clean-energy, and connectivity projects. In the past, burdensome permitting processes often stalled plans to place high-voltage ...

Governors' Wind Energy Coalition Biden administration offers $8.25 bln in loans for power grid Source: By Timothy Gardner, Reuters • Posted: Wednesday, April 28, 2021 The U.S. Energy Department said on Tuesday it is offering up to $8.25 billion in loans for companies to boost the power grid as part of the Biden administration’s goal to set the country on a path to 100% clean energy by 2035. The department is making financing available for projects that improve resilience and expand transmission capacity across the grid, “so we can reliably move clean energy from pl...

Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription 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 Transport...

As the cost of the energy transition begins to draw growing attention, the Biden Administration has announced it will provide $8.25 billion in loans for companies to upgrade the power grid as part of efforts to adapt the grid to the planned shift to renewables

Biden administration offers $8.25 billion in loans for power grid 04/27/2021 | 05:14pm EDT Send by mail : Message : Required fields WASHINGTON (Reuters) -The U.S. Energy Department said on Tuesday it is offering up to $8.25 billion in loans for companies to boost the power grid as part of the Biden administration's goal to set the country on a path to 100% clean energy by 2035. The department is making financing available for projects that improve resilience and expand transmission capacity across the grid, "so we can reliably move clean energy from places where it's produced to places where ...