6 New England states receive $389m federal funding to upgrade electric grid, promoting wind power, battery storage, and grid transition.

6 New England states receive $389m federal funding to upgrade the regional electric grid, allowing for increased offshore wind power and battery storage technology. The project aims to transition to a cleaner grid, improve reliability, and reduce dependence on natural gas. The states will contribute nearly $500m to the project, likely through electric bills. The grant is part of $1.8bn available for this round of funding nationwide.

August 06, 2024
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