The U.S. Department of Energy (DOE) is set to invest $2.2 billion in the nation’s grid for eight projects across 18 states, with the aim of protecting the infrastructure against extreme weather threats, lower costs for communities and catalyze additional grid capacity to meet load growth.
Funded by the Bipartisan Infrastructure Law’s Grid Resilience and Innovation Partnerships Program, the selected projects are slated to deploy upgrades to the existing grid that would add 13 GW of grid capacity.
“The first half of 2024 has already broken records for the hottest days in Earth’s history, and as extreme weather continues to hit every part of the country, we must act with urgency to strengthen our aging grid to protect American communities,” said U.S. Secretary of Energy Jennifer M. Granholm.
“The Biden-Harris Administration is investing in the most crucial component of the nation’s infrastructure, expanding and hardening the grid to allow more resilient, clean power to reach more households and support the ongoing manufacturing boom, all while creating thousands of local jobs.”
In addition to the Grid Innovation Program, the partnership program provides funding to the private sector to strengthen and modernize the domestic power grid against wildfires, extreme weather, and other disruptive events that are exacerbated by the effects of climate change.
There is a particular focus on grid hardening efforts and Smart Grid Grants fund technology investments that will increase how much power the grid can handle, prevent faults that may lead to wildfires or other system disturbances, integrate more renewable energy and facilitate the integration of electrified vehicles, buildings and other devices.
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I’m not a financial pro, but here’s some advice:
Don’t live on a budget. Make a lot of money and live far beneath your means. What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?
As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do. You make false friends and have people glomming onto you to sell you stuff you really don’t need.”
Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country. Maybe there is something about him and his values that could benefit you.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
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