Biden administration announces more than $2 billion in grants to boost US power grid

https://grist.org/energy/biden-administration-announces-more-than-2-billion-in-grants-to-boost-us-power-grid/

The grid is overburdened, under-resourced — and vital to the energy transition. New federal funding aims to increase capacity and get more clean energy built.

6 comments

Kit

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Tldr "Though the new projects take on a variety of flavors, they are all ultimately chasing after a singular goal: bolstering a power grid that is central to the effort to stop using fossil fuels."

lettruthout

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And in compensation for the investment, the federal government will get a share of the profits made from that electricity, right?

Kit

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The compensation is access to electricity. And this project is specifically tied to greener sources of energy.

Letstakealook

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Like the access rural Americans got from billions of dollars in federal investment in telecoms?

0p3r470r

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Texas: Nah we good

skhayfa

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Compare this to the 3.5B grant to.bomb Gaza