Five more GET projects selected to receive second-round GRIP funds from U.S. Energy Dept.

Kim Riley | Source: Daily Energy Insider | Posted 10/22/2024

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These five projects were selected through the second round of Grid Resilience and Innovation Partnerships (GRIP) Program. Established by the Bipartisan Infrastructure Law, GRIP is a total $10.5 billion investment, with funding administered by DOE’s Grid Deployment Office.

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The U.S. Department of Energy (DOE) announced the award of over $562 million in federal cost-share for five additional Grid Enhancing Technology (GET) projects aimed at enhancing the resilience, capacity, and efficiency of the U.S. power grid. These projects were chosen under the second round of the Grid Resilience and Innovation Partnerships (GRIP) Program, established through the Bipartisan Infrastructure Law, with a total investment of $10.5 billion for grid enhancements.

Among the recipients of the grant funding, Georgia Power received over $160 million to aid in reducing the costs of essential grid investments. The company is planning to deploy innovative technologies like dynamic line rating technology and reconductoring of high voltage power lines to improve the capacity and resilience of the grid. Similarly, APS in Arizona received grants to strengthen smart grid resilience, expand wildfire prevention measures, and address growing energy demands, demonstrating a commitment to building smarter and more resilient energy infrastructure for the future.

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Source Link: https://dailyenergyinsider.com/featured/45835-five-more-get-projects-selected-to-receive-second-round-grip-funds-from-u-s-energy-dept/

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Five more GET projects selected to receive second-round GRIP funds from U.S. Energy Dept.

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