Feds Pump Billions into America's Grid
The federal government is poised to transform the United States electric grid at an unprecedented, massive clip to fight climate change and embrace sustainability, according to Sasha Mackler, head of the Bipartisan Policy Center energy program.
“The Bipartisan Infrastructure Law and the Inflation Reduction Act are really two major achievements from a federal policy perspective,” Mackler told the U.S. Department of Energy Grid Talk podcast.
The podcast, now in its fourth year, is approaching 100,000 downloads with listeners in every corner of America and around the world. smartgrid.gov/gridtalk
“They’re very focused on the developments and in particular the deployment of clean energy technologies across the American economy…
“… they really have the potential to unleash an enormous amount of new capital from the federal government into this energy transition and into this this energy modernization.
“Dollars are being spent; small grants have gone out the door. Big grants and funding programs have been established and funding commitments have been made but the actual large dollars that are going to flow into the economy, those are still really getting setup because projects take time to sort of work through the commercial permitting phase, to get the consortiums together, to get the contracts in place so that they can actually get out into the market and attract the capital and start the construction, “Mackler said on the Grid Talk podcast.
Exciting times ahead for our electric grid! How do you see this transformation shaping the future of sustainability, Marty Rosenberg?