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BUSINESSPBS NewsHour·8h ago

Energy Department will spend nearly $2 billion to squeeze more electricity from the nation's aging power grid

Photo · PBS NewsHour
AI TLDR · GEMINI

The U.S. Department of Energy is investing nearly $2 billion into 31 projects across 26 states. The initiative aims to modernize the power grid and increase electricity capacity for millions of homes.

The money will go toward 31 projects across 26 states that are expected to produce more than 23 gigawatts of additional electricity capacity — enough to power 16 million homes.

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