Biden Administration Announces Record $3.5 Billion Investment to Strengthen US Power Grid

The Biden administration is providing $3.5 billion in funding, the largest federal investment ever, to upgrade and strengthen the aging US electric grid.
The projects aim to improve grid resilience against climate change-driven extreme weather, bring more renewable energy online, and support Biden's goal of a carbon pollution-free power sector by 2035.
The funding will support 58 grid infrastructure projects across 44 states, including transmission upgrades, storage, distribution improvements, and microgrids.
Combined public and private funding could bring the total investments up to $8 billion, generating over 35 gigawatts of renewable energy and creating union jobs.
Grid upgrades are critically needed worldwide to meet surging electricity demand and enable the transition to clean energy to combat climate change.