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DOE Invests $1.9B in Grid Upgrades Across 26 States

By Drooid · · How we work

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Story summary
  • The U.S. Department of Energy will invest $1.9 billion in 31 grid-upgrade projects across 26 states.
  • The projects are expected to add 23 gigawatts of capacity, enough for about 16 million homes.
  • DOE expects the upgrades to improve reliability and lower electricity costs for 100 million Americans.
  • Project sponsors will contribute $3.4 billion, raising total spending to roughly $5.3 billion.
  • Two projects will strengthen links between the Eastern and Western interconnections, a $1.2 billion Colorado effort.