![]() DOE’s Loan Programs Office is seeking applications for up to $5 billion in loan guarantees to support innovative transmission projects along with transmission projects owned by federally recognized tribal nations or Alaska Native Corporations.The Western Area Power Administration Transmission Infrastructure Program’s $3.25 billion fund is open for business and accepting applications that applicants can leverage for project development support and access to low-cost capital for transmission projects that will unlock renewable energy in the West.The steps that the Departments of Energy and Transportation are taking today, when combined with the grid investments outlined in the American Jobs Plan, will turbocharge the building of major new electricity transmission lines that will generate new jobs and power our economy for years to come.”ĮNHANCING AMERICA’S GRID NETWORK AND UNLOCKING OUR NATION’S CLEAN ENERGY RESOURCESĮnergy Secretary Jennifer Granholm is announcing the availability of two critical financing tools that can facilitate the construction of high-voltage transmission lines to enhance the reach, reliability, and resilience of our electricity and unlock more of our nation’s clean energy resources. As National Climate Advisor Gina McCarthy noted: “After the Texas transmission debacle this winter, no one can doubt the need to invest in our electric grid. The announcements reflect the Administration’s ongoing commitment to building a more sustainable and resilient future while tackling the climate crisis and creating jobs. It identifies more than 20 major transmission projects that are poised to move forward, potentially creating more than 600,000 new transmission-related jobs, and an additional 640,000 jobs from new clean energy generation projects enabled by the new transmission lines. An independent analysis, also released today, confirms the importance of investing in our electricity grid. In particular, the Department of Energy is announcing new financial tools to help build high-voltage electric transmission lines, and the Department of Transportation is issuing new guidance that will enable the use of existing rights-of-way to facilitate the siting of transmission lines. Today, the White House is making announcements that underscore the Administration’s commitment to accelerating the needed expansion and modernization of America’s power infrastructure to build a more reliable electric grid, create good-paying, union jobs, and deliver clean American energy to American businesses and homeowners. Get Involved Show submenu for “Get Involved””ĭepartments of Energy and Transportation Announce New Actions to Upgrade America’s Power Infrastructure - Creating Jobs, Increasing Reliability, and Combating Climate Change.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.Administration Show submenu for “Administration””.
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