|
The U.S. Department of Energy’s Office of Electricity (OE) announced an approximately $1.9 billion funding opportunity to accelerate urgently needed upgrades to the nation’s power grid. These investments are designed to meet rising electricity demand and resource adequacy needs, while lowering electricity costs for American households and businesses. Projects selected through the Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades (SPARK) funding opportunity are expected to deliver fast and durable upgrades to the grid with real results.
"INCOMPAS applauds the Department of Energy's investment in critical grid infrastructure through the SPARK program," said Staci L. Pies, senior vice president of Government Relations and Policy for INCOMPAS. "The companies building America's AI infrastructure, need a grid that can keep pace with rising electricity demands and resource adequacy needs. By prioritizing reconductoring and other advanced transmission technologies within existing rights-of-way, the SPARK program accelerates operational efficiency, while lowering prices for consumers."
Pies added: "We commend Secretary Wright and Assistant Secretary Jereza for advancing practical, high-impact solutions that meet the moment. Paired with historic private investment in AI infrastructure, this program moves America closer to the energy foundation our national AI competitiveness demands. INCOMPAS and its members look forward to working with federal and state leaders to ensure these investments reach the ground quickly and deliver for all Americans."
|