State to receive more than $10 million to strengthen grid

by Jeff Della Rosa (JDellaRosa@nwabj.com)

Arkansas will receive $10.3 million to enhance the state’s electrical grid and prevent power outages, according to a Wednesday (Sept. 20) news release from the Arkansas Department of Finance and Administration (DFA). The money comes from the Infrastructure Investment and Jobs Act or Bipartisan Infrastructure Law.

Funding from the law supports the Grid Enhancement Grant Program (GRID) or Preventing Outages and Enhancing the Resilience of the Electric Grid/Hazard Hardening. The U.S. Department of Energy (DOE) will provide $2.5 billion in grants to strengthen the U.S. electrical grid. Arkansas will receive $5.16 million in the first year and $5.14 million in the second year.

The Grid Enhancement Grant Program aims to strengthen and modernize the U.S. power grid against wildfires, extreme weather and other natural disasters. Grant money for 2024 through 2026 has yet to be announced.

https://talkbusiness.net/2023/09/state-to-receive-more-than-10-million-to-strengthen-grid/