The U.S. Department of Energy (DOE) announced today the Speed to Power initiative, to accelerate the speed of large-scale grid infrastructure project development for both transmission and generation. The Speed to Power initiative will help ensure the United States has the power needed to win the global artificial intelligence (AI) race while continuing to meet growing demand for affordable, reliable and secure energy. DOE analysis shows that the current rate of project development is inadequate to support the country’s rapidly expanding manufacturing needs and the reindustrialization of the U.S. economy. DOE is committed to collaborating with stakeholders to identify large-scale grid infrastructure projects that can bring speed to power and overcome the complex challenges facing the grid.
“In the coming years, Americans will require more energy to power their homes and businesses – and with President Trump’s leadership, the Department of Energy is ensuring we can meet this growing demand while fueling AI and data center development with affordable, reliable and secure sources,” said Energy Secretary Chris Wright. “With the Speed to Power initiative, we’re leveraging the expertise of the private sector to harness all forms of energy that are affordable, reliable and secure to ensure the United States is able to win the AI race.”
Read more from the US Department of Energy here.
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