Energy Department to fund $2B grid… | The BriefBrief
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Event Brief

Energy Department to fund $2B grid modernization projects

Filed: Sep 24, 2026 at 12:04 PM ET
Summary: The U.S. Energy Department will spend nearly $2 billion on 31 projects across 26 states aimed at extracting more electricity from the aging power grid. The projects are expected to add more than 23 gigawatts of capacity, enough to power about 16 million homes.
WHO: U.S. Department of Energy
WHAT: Will spend nearly $2 billion on 31 power-grid projects to add more electricity capacity.
WHEN: Sep 24, 2026 at 11:56 AM ET
WHERE: USA
WHY: To increase electricity output from the aging power grid through the funded projects.

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