GRIP

To secure federal funding, developers must navigate various financing and investment options related to grid resiliency and modernization, transmission deployment, and critical electric generation facilities. Responding to funding demands, however, can pose significant challenges. Balancing early-stage project commitments with application requirements blurs the line between speculating about long-term project details, being non-responsive, and making costly […]

The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of new transmission capacity across 18 states. The funding, announced on Aug. 6, marks the second round under the Department of Energy’s (DOE’s) GRIP program, a […]