Energy & Environment — Biden administration puts $3.5B toward grid resilience

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View Online Energy & Environment Energy & Environment The Big Story  Biden administration announces $3.5B for grid resilience measures  The Biden administration on Wednesday announced it will put $3.5 billion toward electrical grid resilience projects in 44 states. © AP Photo/Mariam Zuhaib The funds, provided by the Bipartisan Infrastructure Law, will cover 58 projects, Biden administration officials told reporters on a call Wednesday. It marks the largest single federal investment in the electrical grid in the history of the U.S.    The Grid Resilience and Innovation Partnerships (GRIP) Program will include major projects in Georgia, Louisiana, Michigan, Pennsylvania and Oregon. The projects also include: Several interstate regional projects, including one involving Iowa, Kansas, Nebraska, North Dakota, Minnesota, Missouri and South Dakota. A wildfire mitigation project involving Arizona, California, Colorado, Idaho, Kansas, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington and Wyoming. "Extreme weather events fueled by climate change will continue to strain the nation's aging transmission systems, but President Biden's Investing in America agenda will ensure America's power grid can provide reliable, affordable power," Energy Secretary Jennifer Granholm said in a statement.   "Today's announcement represents the largest-ever direct investment in critical grid infrastructure, supporting projects that will harden systems, improve energy reliability and affordability — all while generating union jobs for highly skilled workers."   Read more in a full report at TheHill.com. Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Did someone forward you this newsletter? Subscribe here. Essential Reads  How policy will affect the energy and environment sectors now and in the future: Republican AGs, industry ask for emergency Supreme Court stay of Biden smog rule A coalition of Republican attorneys general on Wednesday asked the Supreme Court to stay the federal "Good Neighbor" interstate smog rule while they appeal a lower court ruling.  Full Story Tesla's net income slumped 44% in the 3rd quarter as lower prices ate into the automaker's profits Tesla's net income slumped in the third quarter versus a year earlier, as price reductions helped drive strong sales growth but also ate into the automaker's profit margins.  Full Story EPA takes step toward regulating lead in fuel for small planes The Environmental Protection Agency (EPA) declared Tuesday that lead in fuel for small airplanes is a danger to public health, marking a key step toward taking regulatory action.  Full Story In Other News  Branch out with a different read on The Hill: Here are the most and least energy efficient states Americans in general use a lot of energy. But some states are doing better than others. Full Story On Our Radar  Upcoming news themes and events we're watching: The Senate Energy Committee will hold hearings to examine the Department of Energy's due diligence process for awarding competitive grants and loans funded through the Inflation Reduction Act and the bipartisan Infrastructure Law and the Department's overall innovation investment strategy. The House Natural Resources Committee's Subcommittee on Federal Lands will hold a legislative hearing on three pieces of pending legislation.   What We're Reading  News we've flagged from other outlets touching on energy issues, the environment and other topics: EPA okays Chemours request to export GenX from the Netherlands to North Carolina plant (NC Newsline) Oil up about 2% on big US crude storage draw, Middle East tension (Reuters)   States opposed tribes' access to the Colorado River 70 years ago. History is repeating itself. (Pro Publica/High Country News) What Others are Reading  Two key stories on The Hill right now: Trump told to quiet down during NY civil fraud trial A New York judge asked former President Trump to pipe down after he grew animated while a witness testified against him in his civil fraud trial. Read more Next Speaker vote set for Thursday as Jordan looks to win backers: live updates Fifteen days after Kevin McCarthy was removed as House Speaker, the chamber remains at a standstill and will not hold another vote to find a leader on Wednesday, a source familiar with the situation told The Hill. Read more   You're all caught up. See you tomorrow!  Check out The Hill's Energy & Environment page for the latest coverage. Like this newsletter? Take a moment to view our other topical products here 📩 Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  1625 K Street NW, 9th Floor, Washington, DC 20006 Copyright © 1998 - 2023 Nexstar Media Inc. | All Rights Reserved.

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