DOE awards $3.5b to US electric grid, largest-ever investment
Energy - OCTOBER 19, 2023

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DOE awards $3.5b to US electric grid, largest-ever investment

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The Department of Energy (DOE) has plans to award $3.46 billion for 58 projects across 44 states to strengthen electric grid resilience and reliability across America.

Funded by the Inflation Reduction Act of 2022, these projects will leverage more than $8 billion in federal and private investments to deliver affordable, clean electricity to all Americans and ensure that communities across the nation have a reliable grid that is prepared for extreme weather worsened by the climate crisis. These transformative projects, which will all support President Biden’s Justice40 Initiative to benefit disadvantaged communities, will help bring more than 35 gigawatts of new renewable energy online, invest in 400 microgrids, and maintain and create good-paying union jobs with three out of four projects partnering with the International Brotherhood of Electrical Workers (IBEW).

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