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Energy Department Announces Over $230 Million Funding Opportunity to Strengthen America's Grid Supply Chain and Lower Electricity Costs
Funding will boost domestic manufacturing, reduce reliance on foreign suppliers, and advance efforts to secure America's electric grid. WASHINGTON— The U.S.
Summary
Funding will boost domestic manufacturing, reduce reliance on foreign suppliers, and advance efforts to secure America's electric grid. WASHINGTON— The U.S. Department of Energy (DOE) today announced a $237 million funding opportunity to boost American manufacturing and strengthen supply chains for critical electric grid components. The investment is expected to deliver an estimated $125 million in annual utility savings and keep an estimated $50 million per year in the U.S.
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