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US DOE announces $1.5B to support 4 large-scale power grid projects

October 5, 2024 Comments Off

The Biden administration on Oct. 3 announced it will provide nearly $1.5 billion to support four large-scale power lines through a US Department of Energy program designed to help bring riskier transmission projects to fruition. If completed, the four planned lines would amount to nearly 1,000 miles of new transmission development and accommodate up to 7,100 MW of new generation…