It’s Thursday, April 29, and President Joe Biden is taking on the power grid.


The Biden administration is taking on America’s power grid. On Tuesday, the White House announced $8.25 billion in new Energy Department loans to finance projects that bolster renewable energy and improve the grid’s resilience to disasters. The loans include $3.25 billion earmarked for renewable energy transmission in the West and $5 billion for transmission projects owned by tribal nations and Alaska Native corporations and “innovative transmission projects.”

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“This is a down payment on our efforts to modernize our transmission nationwide,” Energy Secretary Jennifer Granholm said in a statement. “These investments will make our power system more resilient against threats and more reliable as we increase our clean energy capacity, creating thousands of jobs in the process.”

Investments in grid resiliency could mitigate the worst impacts of severe weather driven by climate change. The fragility of the American power grid was underscored in February when a winter storm caused catastrophic power outages in Texas, leaving many people without power in sub-freezing conditions for days and contributing to almost 200 deaths.  

“After the Texas transmission debacle this winter, no one can doubt the need to invest in our electric grid,” said National Climate Advisor Gina McCarthy of the Biden administration’s announcement in a statement. She added that the new loan program will help “turbocharge the building of major new electricity transmission lines that will generate new jobs and power our economy for years to come.”

Alexandria Herr

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