What’s In The Infrastructure Bill For The Electric Grid?
What's In The Infrastructure Bill For Energy?
The $1 trillion bipartisan infrastructure bill signed by President Joe Biden on Nov. 15, 2021, contains billions of dollars in spending for energy. Much of this allocation is for smart grid technologies and enhancements to the electrical transmission system. Let's explore the infrastructure spending bill below as it relates to the energy sector.
- $7 billion for the supply chain for battery technology
- $1.5 billion for hydrogen manufacturing
- $750 million for energy technologies in coal communities
- $3.5 billion in the Weatherization Assistance Program to reduce energy costs for low-income housing
- $500 million for renewable energy projects at public schools
- $5 billion to replace diesel school buses with electric buses
- $1.5 billion in grants for clean energy developments in communities
- $11 billion in grants to enhance the reliability and security of the electric grid
- $2.5 billion to develop more modern electrical transmission lines
- $3 billion in smart-grid enhancements including distributed power and battery storage
- $6 billion to prevent the premature retirement of zero-carbon nuclear plants
- $700 million for hydropower facilities
- $8 billion for clean hydrogen production
- $10 billion for carbon emission reduction
- $2.5 billion to advance nuclear development
This bill injects a staggering $65 billion dollars into the energy infrastructure of the United States.