Energy Department plans backing for 2.5 GW power grid growth in eight states
Why it matters
Federal money is heading to 2.5 of new grid capacity, and it is aimed at power costs.
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Do any of our sites or suppliers sit in these eight states, and would added capacity change our power costs?
What happened
The Energy Department will back the Tennessee Valley Authority's plan to build 84 power-line and local distribution upgrades spanning eight states, adding about 2.5 GW of capacity. The award totals roughly $581M: $250M from the federal government and about $331M from TVA and its partners.
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