NRECA: Co-ops Win Big in New $2 Billion Round of DOE Grid Funding Program
21 Oct 2024
News
Electric cooperatives and other rural utilities won substantial funding to better protect their systems against extreme weather, meet growing demand and lower costs for consumers under a new $2 billion round of a major Department of Energy program.
The funding will be provided through the DOE’s $10.5 billion Grid Resilience and Innovation Partnerships program, which was created through the bipartisan infrastructure law of 2021 to enhance grid flexibility while ensuring access to affordable, reliable power.
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