Utility Dive•about 1 month ago
DOE offers $1.9B for transmission reconductoring, advanced tech
Key Takeaway
Significant federal funding is now available to modernize and expand transmission infrastructure, creating direct opportunities for developers and improving grid reliability for large power consumers.
AI Summary
- •The Department of Energy (DOE) has announced a $1.9 billion funding opportunity for transmission reconductoring and advanced grid technologies.
- •This initiative, now called 'SPARK,' renames the existing Biden-era Grid Resilience and Innovation Partnerships program.
- •The funding aims to enhance grid capacity and resilience, directly benefiting developers by improving interconnection pathways and large power consumers by ensuring more robust and reliable power delivery.
Topics
financinginterconnectirapolicytransmission