The DOE is offering up ~$1.9 billion to speed up much-needed grid upgrades. (Reuters)
The agency says the freshly freed-up cash aligns with an executive order issued last January, which prioritizes domestic energy development and reduced costs for consumers.
DOE will hand out these funds to Advanced Transmission Technology projects, including high-capacity conductors, that prove they can make the grid more efficient, resilient, and secure. The agency will take applications until late May 2026, and expects to make selections by August.