Sonal Patel of Power reports on the Department of Energy’s investments in grid resilience.
- The Department of Energy (DOE) has selected 16 projects that will receive $919 million in funding for grid modernization projects, and 8 projects which will receive $1.4 billion for innovative approaches to transmission, storage, and distribution.
- Additionally, DOE has given out $1.1 billion to fund 34 smart grid projects which seek to increase the flexibility, efficiency, and reliability of the electric power system.
- The funding for these projects comes from the $10.5 billion Grid Resilience and Innovation Partnerships (GRIP) Program that was launched in the Infrastructure Investment and Jobs Act (IIJA).
Read the full article here.