In support of the Infrastructure Investment and Jobs Act and the Building a Better Grid Initiative, DOE is developing a $2.3 billion formula grant program to strengthen and modernize America’s power grid against wildfires, extreme weather, and other natural disasters that are exacerbated by the climate crisis. A reliable, resilient electric grid is critical for withstanding climate change impacts and achieving President Biden’s goal of a national grid run on 100 percent clean electricity by 2035.
The program will distribute up to $2.3 billion over five years and will provide grants based on a formula that includes, among other things, population size, land area, probability and severity of disruptive events, and a locality’s historical expenditures on mitigation efforts. Priority will be given to projects that generate the greatest community benefit providing clean, affordable, and reliable energy to everyone, everywhere, anytime.
As an initial step, on April 27, 2022, DOE released a Request for Information seeking feedback on the formula grant program Notice of Intent, draft application and award requirements, and draft award formula allocation.