Biden administration announces more than $2 billion in grants to boost US power grid
grist.org
The grid is overburdened, under-resourced — and vital to the energy transition. New federal funding aims to increase capacity and get more clean energy built.
  • lettruthout@lemmy.worldEnglish
    81·
    3 months ago

    And in compensation for the investment, the federal government will get a share of the profits made from that electricity, right?

    • Kit@lemmy.blahaj.zone
      12·
      3 months ago

      The compensation is access to electricity. And this project is specifically tied to greener sources of energy.