The U.S. Department of Energy announces $3.5 billion in awards to invest in the grid

The US Department of Energy announced new massive fundings, part of the Grid Resilience and Innovation Partnerships (GRIP) program, to support 58 power grid projects across 44 states. Its primary aim is to enhance the stability of the electrical grid, integrate more renewable energy, and ensure its resilience. With private and local investments, the total commitment amounts to $8 billion.

Energy Secretary Jennifer Granholm hailed it as the “largest ever investment in America’s grid.” GRIP should play a vital role in achieving clean energy and sustainability goals, securing the nation’s energy future.