Biden Administration Invests $3.46 Billion to Upgrade Aging Electric Grid, Largest Federal Investment to Date
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The Biden administration is investing $3.46 billion to upgrade the aging US electric grid, the largest investment to date.
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The funding comes from the Bipartisan Infrastructure Law and will support 58 projects in 44 states.
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The upgrades aim to prevent blackouts, bring more clean energy online, and meet Biden's goal of a carbon pollution-free power sector by 2035.
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The projects will help get over 35 GW of renewable energy online, add 400 microgrids, and harden power lines against extreme weather.
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The funding ensures 40% of benefits go to marginalized communities and promotes union jobs, with most projects involving labor unions.
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