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Transmission Facilitation Program: Difference between revisions
Transmission Facilitation Program (view source)
Revision as of 23:26, 11 February 2025
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|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor=Grid Deployment Office | |OrgSponsor=Grid Deployment Office | ||
|TopOrganization=Department of Energy | |||
|CreationLegislation=Infrastructure Investment and Jobs Act | |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/transmission-facilitation-program |title=Transmission Facilitation Program |accessdate=January 30, 2025}}</ref> | |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/transmission-facilitation-program |title=Transmission Facilitation Program |accessdate=January 30, 2025}}</ref> | ||
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|InitialFunding=$2.5 billion<ref>{{cite web |url=https://www.energy.gov/gdo/transmission-facilitation-program |title=Transmission Facilitation Program |accessdate=January 30, 2025}}</ref> | |InitialFunding=$2.5 billion<ref>{{cite web |url=https://www.energy.gov/gdo/transmission-facilitation-program |title=Transmission Facilitation Program |accessdate=January 30, 2025}}</ref> | ||
|Duration=Indefinite | |Duration=Indefinite | ||
|Historic= | |Historic=Yes | ||
}} | }} | ||
'''Transmission Facilitation Program (TFP)''' is designed 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 by providing federal support through capacity contracts, loans, and public-private partnerships.<ref>{{cite web |url=https://www.energy.gov/gdo/transmission-facilitation-program |title=Transmission Facilitation Program |accessdate=January 30, 2025}}</ref> | '''Transmission Facilitation Program (TFP)''' is designed 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 by providing federal support through capacity contracts, loans, and public-private partnerships.<ref>{{cite web |url=https://www.energy.gov/gdo/transmission-facilitation-program |title=Transmission Facilitation Program |accessdate=January 30, 2025}}</ref> | ||