Energy Department Announces $1.9 Billion for Projects Strengthening Power Grid

States and utilities can submit applications to secure funding by May 20, with the department set to select projects by August.
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Naveen Athrappully
Reporter

3/14/2026|Updated: 3/14/2026

The Department of Energy (DOE) has announced a $1.9 billion funding opportunity for projects aimed at speeding up improvements to the nation’s power grid to meet rising electricity demand while bringing down costs, the department said in a March 12 statement.

The money comes from the $10.5 billion authorized for a five-year grid resilience program under the Infrastructure Investment and Jobs Act of 2021. The funds were to be disbursed to states and electric utilities over five years.

The DOE will prioritize projects that replace existing power lines with higher‑capacity conductors, expand grid capacity, increase efficiency, lower prices for consumers, and improve overall system reliability and security, the statement said.

Project applications to secure funding are due by May 20, with the DOE set to select projects by August.

The funding opportunity will stabilize and optimize grid operations, strengthening it for rapid growth, said Katie Jereza, assistant secretary at the DOE’s Office of Electricity.

Secretary of Energy Chris Wright said, “For too long, important grid modernization and energy addition efforts were not prioritized by past leaders.