Transmission Siting and Economic Development Grants Program
Type | Program |
---|---|
Sponsor Organization | Grid Deployment Office |
Creation Legislation | Inflation Reduction Act |
Website | Website |
Purpose | To facilitate the siting and permitting of interstate and offshore electricity transmission lines while supporting economic development in communities affected by these projects. It aims to streamline the process and provide economic benefits to local areas.[1] |
Program Start | 2023 |
Initial Funding | $760 million[2] |
Duration | Until funds are expended |
Historic | Yes |
Transmission Siting and Economic Development Grants Program (TSED) is designed to facilitate the siting and permitting of interstate and offshore electricity transmission lines while supporting economic development in communities affected by these projects. It aims to streamline the regulatory processes and provide economic benefits like job creation and infrastructure improvement to local areas where transmission projects are developed.[3]
Goals
- Accelerate the siting and permitting of high-voltage transmission lines.[4]
- Support economic development in communities hosting transmission infrastructure.
- Reduce conflicts and delays in the transmission project development process.
Organization
The Transmission Siting and Economic Development Grants Program is administered by the Grid Deployment Office within the U.S. Department of Energy. The program leadership is under the Director of the Grid Deployment Office.
Partners
- No specific partnerships are listed for TSED as it directly engages with states, local governments, and tribes.
History
Authorized by the **Inflation Reduction Act**, the Transmission Siting and Economic Development Grants Program was established to address challenges in transmission line development, such as siting and community impact. Initial funding was announced in 2023, with the first round of awards made in July 2024, where $371 million was allocated to 20 projects across 16 states to support both siting/permitting and economic development initiatives.[5] The program is seen as a key component in the broader strategy to expand and modernize the U.S. electric grid.
Funding
The program was initially funded with $760 million from the Inflation Reduction Act.[6] This fund is designated for grants to support siting, permitting, and economic development activities. The funding is available until it is fully expended, with no fixed end date for the program itself.
Implementation
TSED implements its objectives through:
- Providing grants for siting and permitting activities to reduce approval times.
- Supporting economic development projects in communities impacted by transmission lines.
- Encouraging stakeholder engagement and public participation in the process.
The program's duration is tied to the availability of the allocated funds, with no specific end date set.
Related
External links
- https://www.energy.gov/gdo/transmission-siting-and-economic-development-grants-program
- wikipedia:Transmission Siting and Economic Development Grants Program
Social media
- No specific social media accounts for TSED; follow the Department of Energy for updates.
References
- ↑ "Transmission Siting and Economic Development Grants Program". https://www.energy.gov/gdo/transmission-siting-and-economic-development-grants-program. Retrieved January 30, 2025.
- ↑ "Transmission Siting and Economic Development Grants Program". https://www.energy.gov/gdo/transmission-siting-and-economic-development-grants-program. Retrieved January 30, 2025.
- ↑ "Transmission Siting and Economic Development Grants Program". https://www.energy.gov/gdo/transmission-siting-and-economic-development-grants-program. Retrieved January 30, 2025.
- ↑ "Transmission Siting and Economic Development Grants Program". https://www.energy.gov/gdo/transmission-siting-and-economic-development-grants-program. Retrieved January 30, 2025.
- ↑ "DOE awards $371M to boost permitting, local benefits from transmission projects". Utility Dive. July 24, 2024. https://www.utilitydive.com/news/doe-awards-371m-to-boost-permitting-local-benefits-from-transmission-projects/715131/. Retrieved January 30, 2025.
- ↑ "Transmission Siting and Economic Development Grants Program". https://www.energy.gov/gdo/transmission-siting-and-economic-development-grants-program. Retrieved January 30, 2025.