The US Department of Energy (DOE) has announced up to $2 billion in funding for 38 projects across 42 states to improve the resilience and reliability of the US power grid.

The funding is provided through the Grid Resilience and Innovation Partnerships (GRIP) program, which supports deploying new transmission and distribution infrastructure and technology upgrades, enabling upwards of 7.5GW of new grid capacity.

In addition, GRIP aims to speed up interconnection for new clean energy projects and catalyze over $4.2 billion in total public and private investment.

The announced projects will upgrade more than 950 miles of transmission infrastructure, including constructing more than 300 miles of new transmission lines and reconductoring or enhancing more than 650 miles of existing lines to boost capacity.

“Today’s investment will lower energy costs and bolster grid resilience. President Biden and Vice President Harris are seizing a critical opportunity – modernizing America’s energy infrastructure and making it stronger,” said White House national climate advisor Ali Zaidi.

The GRIP program's first round of funding was announced in October 2023 and included $3.5bn for 58 projects across 44 states.

In August 2024, the DOE announced an additional $2.2bn for eight more projects. With the latest selections, the Grid Deployment Office has now committed $7.6bn in federal funding for 104 projects under the GRIP program.

Collectively, these projects are expected to support 55GW of additional grid capacity. The GRIP projects announced in October 2023 and August 2024 will upgrade a further 1,650 miles of transmission.

The DOE received applications requesting more than seven times the amount of funding available, an oversubscription rate of nearly 800 percent.

A full list of GRIP projects, including awards finalized to date, is available here.