DOE makes $10 million available for state and tribal transmission projects
With U.S. electricity demand on the rise, the grid needs to expand transmission capacity to enhance reliability, lower energy costs and connect more clean energy resources. However, building new electric transmission projects is difficult and time-consuming due to factors including prolonged and fractured planning processes, difficulty securing financing and complex environmental review processes.
The U.S. Department of Energy recently announced $10 million available to states, tribes and non-profit organizations to accelerate transmission deployment through the Transmission Acceleration Grants Program. Created in response to feedback from state and tribal entities facing growing transmission needs and project backlogs, the TAG Program supports capacity-building, local and regional transmission planning, or siting and permitting process reforms.
Administered by DOE’s Grid Deployment Office, the TAG Program backs stakeholders seeking transmission-specific technical assistance and capacity-building to address growing transmission portfolios and needs. The funding allows states and tribes to engage in transmission planning and conduct efficient and effective siting and permitting processes, which may collectively advance transmission infrastructure at a faster rate, increasing access to a diverse array of energy sources, reducing transmission congestion and energy prices, and delivering reliable, affordable power to consumers when and where they need it.
Learn more, including eligible activities, in DOE’s news release.
An informational webinar will be held on Nov. 13, 2024, at 1:00 p.m. Eastern Time. Registration is required.