DOE Announces $220 Million in Energy Grid Funding
Source: Department of Energy
The U.S. Department of Energy (DOE) today built on its Grid Modernization Initiative – an ongoing effort that reflects the Obama Administration’s commitment to improving the resiliency, reliability, and security of the nation’s electricity delivery system. During his visit to a utility control center in Miami, FL today, Energy Secretary Ernest Moniz announced the release of DOE’s comprehensive new Grid Modernization Multi-Year Program Plan, a blueprint for modernizing the grid.
The Secretary also announced the award of up to $220 million energy grid funding over three years, subject to congressional appropriations, to DOE’s National Labs and partners to support critical research and development in advanced storage systems, clean energy integration, standards and test procedures, and a number of other key grid modernization areas. Additional programs, initiatives, and funding opportunity announcements related to the energy grid funding will be announced in the coming days.
“Modernizing the U.S. electrical grid is essential to reducing carbon emissions, creating safeguards against attacks on our infrastructure, and keeping the lights on,” said Secretary Moniz. “Our Quadrennial Energy Review and Quadrennial Technology Review identified needs and opportunities to invest in the grid. This public-private partnership between our National Laboratories, industry, academia, and state and local government agencies will help us further strengthen our ongoing efforts to improve our electrical infrastructure so that it is prepared to respond to the nation’s energy needs for decades to come.”
The energy grid funding (grid modernization initiative) represents a comprehensive DOE effort to help shape the future of our nation’s grid and solve the challenges of integrating conventional and renewable sources with energy storage and smart buildings, while ensuring that the grid is resilient and secure to withstand growing cyber security and climate challenges. Today’s announcements fall under the Grid Modernization Initiative’s framework.