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).
“The biggest Grid Innovation recipient is the Minnesota Department of Commerce, which will receive $464 million to coordinate the planning, design, and construction of five transmission projects across seven Midwestern states, known as the Joint Targeted Interconnection Queue (JTIQ) Portfolio. The $1.8 billion JTIQ, launched by the Southwest Power Pool (SPP) and Midcontinent Independent System Operator (MISO) in 2020, aims at building transmission network upgrades along the MISO-SPP seams to enable new generator interconnections.”
Read the full article here.
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