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POLITICO Energy
Inside Biden’s $1.5B plan to improve America’s transmission infrastructure
Oct 4, 2024
Catherine Morehouse, an energy reporter for POLITICO, joins to analyze the Biden administration's recent $1.5 billion initiative to upgrade America's transmission infrastructure. She discusses the critical need for modernization to meet rising energy demands and address climate challenges. The conversation also reveals insights from a study on the state of the current transmission system, highlighting expansion opportunities. Plus, they cover a $1.05 billion loan to enhance the electric vehicle charging network, aiming for a greener future.
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Quick takeaways
- The Biden administration's $1.5 billion investment aims to expand transmission infrastructure, critical for enhancing wind and solar power delivery.
- To meet future energy demands and lower costs significantly, America needs to drastically upgrade its transmission system by mid-century.
Deep dives
Expansion of Transmission Infrastructure
The Biden administration has announced a significant investment in expanding the country's transmission infrastructure to enhance the delivery of wind and solar power. The Department of Energy will allocate $1.5 billion to various shovel-ready projects, which are expected to add almost 1,000 miles of new transmission lines across six states. Notably, one of the projects aims to transport wind power from northern Maine into New England, while another project in Texas will create a bidirectional line stretching into Mississippi, addressing power flow issues in extreme weather conditions. These efforts reflect a broader priority to bolster the power grid and facilitate access to renewable energy resources.
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