White House Announces $13 Bn in Funding to Modernize Power

The White House announced through the Department of Energy (DOE), a soliciting grant application for $13 billion in new financing under the bipartisan infrastructure bill for the expansion and modernization of the U.S. electric grid. The $1.2 trillion infrastructure law, passed last year, provides $10.5 billion to harden power systems against growing threats like extreme weather and climate change, and a further $2.5 billion to help build new transmission lines.
Read more: https://reut.rs/3VoDUYJ