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Heavy Push by Industry, Biden Administration to Jumpstart Transmission Expansion, Grid Modernization

Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription Heavy Push by Industry, Biden Administration to Jumpstart Transmission Expansion, Grid Modernization Bolstering the Biden administration’s recently announced initiatives to modernize the nation’s grid and improve its resilience, the Department of Energy (DOE) on April 27 made up to $8.25 billion in loans available to expand transmission capacity nationwide, while the Department of Transportation (DOT) offered new guidance to help speed the siting and permitting of transmission lines.

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DOE offers over $8B in transmission loans for clean energy projects

Dive Brief: The Department of Energy announced $8.25 billion in loans available for transmission projects on Tuesday, as the White House released a fact sheet on the coordinated efforts between DOE and the Department of Transportation (DOT) to modernize the electric grid. The total included up to $5 billion in loan guarantees for innovative transmission projects, such as offshore wind, and projects sited on federally recognized tribal nations through DOE s Loan Program Office, along with up to $3.25 billion in the Western Area Power Administration s (WAPA) transmission infrastructure fund. The WAPA revolving loan program is designed to facilitate clean power in the West.

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The battle to get more clean energy into the electric grid is underway Here s what you need to know

In January 2020, Katie Dykes, commissioner of Connecticut’s Department of Energy and Environmental Protection speaking to environmental advocates attending the Connecticut League of Conservation Voters annual environmental summit leveled this broadside at the independent system operator that runs the six-state New England electricity grid and the federal authorities that govern it: “Because of the lack of leadership on carbon at the ISO-New England, we are at the mercy of a regional capacity market that’s driving investment in more natural gas and fossil fuel power plants that we don’t want and that we don’t need,” she said. “This is forcing us to take a serious look at the costs and benefits of participating in the ISO-New England markets.”

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A battle to get more clean energy into New England s electric grid is underway Here s what you need to know

By Jan Ellen Spiegel, CT Mirror In January 2020, Katie Dykes, commissioner of Connecticut’s Department of Energy and Environmental Protection speaking to environmental advocates attending the Connecticut League of Conservation Voters annual environmental summit leveled this broadside at the independent system operator that runs the six-state New England electricity grid and the federal authorities that govern it: “Because of the lack of leadership on carbon at the ISO-New England, we are at the mercy of a regional capacity market that’s driving investment in more natural gas and fossil fuel power plants that we don’t want and that we don’t need,” she said. “This is forcing us to take a serious look at the costs and benefits of participating in the ISO-New England markets.”

New yorkUnited statesDistrict of columbiaLong island soundEric johnsonPat woodNed lamontIsos rtosRichard glickMike hoganEllen foleyCaitlin marquisRob gramlichCasey robertsFrancis pullaroAnne george

A battle to get more clean energy into New England s electric grid is underway Here s what you need to know

A battle to get more clean energy into New England s electric grid is underway Here s what you need to know
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