As part of the Bipartisan Infrastructure Law, the Grid Deployment Office is administering a $10.5 billion Grid Resilience and Innovation Partnerships (GRIP) Program to enhance grid flexibility and improve the resilience of the power system against growing threats of extreme weather and climate change. Part of the Building a Better Grid Initiative, the GRIPs program includes three financing mechanisms: Grid Resilience Utility and Industry Formula Grants, Smart Grid Grant Program and the Grid Innovation Program. 

On November 18, 2022, DOE announced the opening of the application period for the first GRIPs program funding opportunity. Concept papers are a required first step in the application process and submission deadlines vary by program. 
On November 29, 2022, the Grid Deployment Office hosted a webinar to discuss the GRIPs funding opportunity.

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Grid Resilience and Innovation Partnerships Program Funding Opportunity Informational Webinar
Video courtesy of the Department of Energy