US Department of Energy allocates $1.9 billion for grid upgrades

VERA Brief

AI-generated. Grounded in the article and its cited sources.

The U.S. Department of Energy has announced $1.9 billion in funding for 31 grid modernization projects. These projects aim to enhance grid reliability and capacity, potentially unlocking 23 gigawatts of additional capacity to support data center connections.

Key facts

• The U.S. Department of Energy announced $1.9 billion in funding for grid modernization projects.
• The funding is allocated to 31 grid upgrade projects.
• These initiatives are designed to streamline data center connections to the power grid.
• The projects aim to unlock an additional 23 gigawatts of grid capacity.
• This funding impacts the infrastructure supporting AI systems and computational resources.