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$474 Million Allocated for U.S. Grid Resilience

29 Oct 2024

In a significant step toward strengthening grid resilience, the U.S. Department of Energy (DOE) announced $473.6 million in funding to support grid resilience and modernization projects across 49 states, 5 territories, 254 Tribal Nations, and the District of Columbia. This funding, part of the Bipartisan Infrastructure Law, aligns with the Biden-Harris Administration's Investing in America agenda to enhance the reliability of the power sector and mitigate the impacts of extreme weather.

The Grid Resilience State and Tribal Formula Grants aim to help communities manage climate-related natural disasters, including wildfires and severe weather. U.S. Secretary of Energy Jennifer M. Granholm emphasized the importance of building a resilient energy grid that can reliably supply clean, affordable energy to every community, from rural areas to major cities. The projects funded by these grants will focus on high-impact efforts that bolster community resilience and ensure reliable power delivery.

This recent allocation brings the DOE's total grid resilience funding to over $1.3 billion since 2022. By 2027, the program intends to provide a cumulative $2.3 billion to eligible states, territories, and tribal entities based on a formula incorporating population, land area, disaster probability, and previous mitigation expenditures.

Source: cleantechnica.com

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