Officials Eye Suite Of Measures To Bolster Low-Carbon Grid Updates

May 10, 2022
Federal energy officials are advancing complementary steps to ease the buildout of major electric transmission projects that are crucial to integrating large amounts of renewable energy, including a new revolving loan program in which federal officials hope to prime the market for new grid upgrades. The Energy Department (DOE) in a May 6 notice is seeking input on how it will implement its new Transmission Facilitation Program (TFP), which received $2.5 billion from last year’s bipartisan infrastructure law. “The expansion...

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