On September 14, 2023, GDO hosted a webinar to share about the Transmission Siting and Economic Development (TSED) Funding Opportunity Announcement (FOA).
On August 29, 2023, the U.S. Department of Energy announced a funding opportunity of up to $300 million in grants for states, tribes, and local governments to accelerate and strengthen electric transmission siting and permitting processes. Supported by President Biden’s Inflation Reduction Act and administered by DOE's Grid Deployment Office, the Transmission Siting and Economic Development grant program is a new initiative designed to overcome state and local challenges to expanding transmission capacity while also supporting communities along major new and upgraded lines.
DOE requires applicants to express an interest in applying for funds by submitting concept papers no later than October 31, 2023, at 5 p.m. ET. Full applications will be due April 5, 2024, at 5 p.m. ET. This webinar reviewed the FOA.