DOE Plans $581 Million TVA Grid Award Across Eight States

The U.S. Department of Energy plans a $581 million award for 84 Tennessee Valley Authority transmission and distribution projects across eight states, with the work expected to add about 2.5 gigawatts of grid capacity. The planned award combines $250 million in federal funding and about $331 million in applicant cost-share funding. The projects are expected to support about 800 jobs and serve 2.58 million families and businesses. The initiative is part of Resilience Amplified, under the Grid Resilience and Innovation Partnerships program. Final funding, project scope and schedules depend on executed agreements and environmental, permitting, regulatory and Tribal reviews.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.