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Transmission Facilitation Program: Difference between revisions
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(Created page with "{{Program |ProgramName=Transmission Facilitation Program |ProgramType=Program |OrgSponsor=Grid Deployment Office |CreationLegislation=Infrastructure Investment and Jobs Act |Purpose=To support the construction of new or upgraded high-capacity electric transmission lines, facilitating interregional electricity transfer and enhancing grid reliability. It aims to overcome financial barriers to large-scale transmission projects.<ref>{{cite web |url=https://www.energy.gov/gdo...") |
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==History== | ==History== | ||
The Transmission Facilitation Program was authorized under the | The Transmission Facilitation Program was authorized under the [[Infrastructure Investment and Jobs Act]] in 2021, with the aim of addressing the significant financial and regulatory challenges associated with transmission line development. The program was officially launched in 2022, with the first round of capacity contract selections announced in October 2023, committing up to $1.3 billion for three projects across six states.<ref>{{cite news |url=https://www.utilitydive.com/news/doe-transmission-facilitation-program-first-round/694522/ |title=DOE's Transmission Facilitation Program commits $1.3B for 3 transmission projects |work=Utility Dive |date=October 30, 2023 |accessdate=January 30, 2025}}</ref> This was followed by additional project selections in 2024, expanding the program's impact. | ||
==Funding== | ==Funding== | ||