Grid and Transmission Program Conductor

May include but not limited to:

• Transmission developers
• Microgrid developers

To qualify, projects must meet at least one of the following criteria:

• New corridor: 1,000 MW or more
• Existing corridor: Upgrade or new line -- 500 MW or more
• Microgrid: Project connects an isolated microgrid to an existing transmission, transportation, or telecommunications infrastructure corridor located in Alaska, Hawaii, or a U.S. Territory

$2.5 billion in borrowing authority

Revolving fund

Three types of financing:

• Capacity contracts
• Public private partnerships
• Loans

Limited to:

• Non-federal borrowers

Grant program to support:  

1. activities carried out by Tribal, state, or local siting authorities to strengthen and accelerate processes for the siting and permitting of electric transmission lines, and
2. economic development activities in communities that may be impacted by the construction and operation of interstate and offshore transmission lines.    

For siting and permitting activities: siting authorities, defined as Tribal, state, or local governmental entities with the authority to make a final determination regarding the siting, permitting, or regulatory status of a “covered transmission project.”  

For economic development activities: siting authorities or any Tribal, state, or local governmental entity proposing to undertake a project in a community impacted by the construction or operation of a “covered transmission project.” 

Limited to:

• States
• Territories
• Tribes

To qualify, grantees must address at least one of the following:

• Weatherization technologies and equipment
• Fire-resistant technologies and fire prevention systems
• Monitoring and control technologies
• Undergrounding of electrical equipment
• Utility pole management
• Relocation of power lines or the reconductoring of power lines with low sag, advanced conductors
• Vegetation and fuel load management
• Use or construction of distributed energy resources for enhancing system adaptive capacity during disruptive events, including— microgrids and battery storage subcomponents
• Adaptive protection technologies
• Advanced modeling technologies
• Hardening of power lines, facilities, substations, of other systems
• Replacement of old overhead conductors and underground cables

$2.3 billion

15% cost share from State, Territory, Tribal grantee

May include but not limited to:

• Electric grid operators
• Electricity storage operators
• Electricity generators
• Transmission owners or operators
• Distribution providers
• Fuel suppliers

$2.5 billion

Second round includes FY24 & FY25 together (up to $918 million)

At least 50% cost share from grantee

Limited to:

• Institutions of higher education
• For-profit entities
• Non-profit entities
• State and local governmental entities
• Tribal Nations

To qualify, investments may include:

• Appliances, specialized industrial and commercial equipment, and transmission and distribution equipment
• Metering, control, and other devices, sensors, and software
• Equipment allowing smart grid functions to be operated and combined or coordinated among multiple electric utilities and regions
• Monitoring, controlling, and integrating distributed generation into grid operations
• Expanding communications/ broadband technologies to support smart grid activities
• Integrating electric or hybrid-electric vehicles onto the grid

$3 billion

Second round includes FY24 & FY25 together (up to $1.08 billion)

At least 50% cost share from grantee

Financial assistance to governmental entities to coordinate and collaborate with electric sector owners and operators to:

• Demonstrate innovative approaches to transmission, storage, and distribution infrastructure to harden and enhance resilience and reliability and
• Demonstrate new approaches to enhance regional grid resilience, implemented through states by public and rural electric cooperative entities on a cost-shared basis

Limited to:

• State
• Combination of States
• Tribes
• Local governments
• Public Utility Commissions (PUCs)

To qualify, projects must meet at least one of the following criteria:

• Transmission capacity enhancements
• Advanced distribution grid assets and functionality including storage
• Combined systems demonstrating innovative approaches

$5 billion

Second round includes FY24 & FY25 together (up to $1.82 billion)

At least 50% cost share from grantee