Eazy in Way - Biden Administration Pledges $2B to Reinforce Electric Grid Biden Administration Pledges $2B to Reinforce Electric Grid

Biden Administration Pledges $2B to Reinforce Electric Grid

Published: October 19, 2024
The Biden administration has announced the allocation of nearly $2 billion to enhance the U.S. power grid's resilience against extreme weather and to expand transmission capabilities. This funding, provided by the Energy Department, will support 32 projects across 42 states and includes assistance for utilities impacted by the hurricanes Helene and Milton. The investment will focus on constructing over 300 miles of new electric transmission lines and upgrading more than 650 miles of existing lines, addressing the vulnerabilities exposed by the recent severe weather events. From a transportation perspective, improving the electric transmission infrastructure is crucial, as a reliable power supply directly affects electric vehicles (EVs) and public transit systems. As cities move toward electrification to reduce reliance on fossil fuels, a robust and resilient power grid will be essential for supporting the increased demand for electricity generated by transportation sectors, especially in the context of renewable energy integration. Ensuring that both electricity and transportation systems are resilient to climate impacts is vital for sustainable urban development.

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