Grid Transmission Progress In The U.S.
March 31, 2023
As the U.S. continues to see the highest levels of renewable energy investment in its history, the investment required to expand and improve the energy transmission grid will need to keep pace. This is happening through a combination of private investment and support by the Biden administration. Private companies such as National Grid are investing heavily in grid innovation, while the Biden administration announced $13 billion in new funding opportunities for the modernization and expansion of the electric grid. This funding will be split between the Grid Resilience Innovative Partnership (GRIP) and the Transmission Facilitation Program.