The Department of Energy said it would provide $275 million for seven projects around the country that are meant to bolster domestic clean energy supply chains.
The study is intended to identify pressing transmission needs without offering specific solutions or taking into account federal and some state regulations.
The BENEFIT program will support DOE's Affordable Home Energy Shot, aimed reducing the cost of home upgrades for affordable housing by at least 50% while also reducing energy bills by 20% within a decade.
The Department of Energy will put $1.3 billion into becoming the anchor off-taker for three interstate transmission projects totaling 3.5 GW of new transmission capacity.
U.S. Energy Secretary Jennifer Granholm said that while a lot of progress has been made, getting to a fully decarbonized economy is going to require new technologies.
DOE gets business friendly. “The private sector has heard that DOE wants to hear their opinions and is willing to be responsive to what they have to say," said LPO Director Jigar Shah.
The vice president was in Washington to headline a cheerleading session to celebrate the first anniversary of the passage of the Inflation Reduction Act.
The two projects are the first of four hubs to get a slice of the $3.5 billion the Infrastructure bill provided to develop the technology at commercial scale.
Developers held a ceremonial groundbreaking for the TransWest Express line, intended to carry 3 GW of wind power from Wyoming to California.
The clean energy transition, the technology and funding to make it happen, were the focus of the Edison Electric Institute’s annual forum.
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