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The Biden Administration is set to invest $3.5 billion in electric grid improvement

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The Biden administration allocated $10.5 billion for the Grid Resilience and Innovation Partnership (GRIP) to improve the U.S. electric grid in 2021.

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The funds from the Bipartisan Infrastructure Law, which President Biden signed in 2021, will release its first round of funding of $3.5 billion.

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Along with another $4.7 billion from the private sector, the money will go to 58 projects across 44 states and 400 microgrids.

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The U.S. electric grid is the largest connected machine in the world. It has 5.7 million miles of transmission and distribution and 55,000 substations.

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Most of the transmission lines haven't been changed since before 1970, which means they break down a lot, especially during a weather calamity.

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Not to mention the effects of climate change causing an overload during extreme heat and cold weather, which can harm communities as well.

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Countries across the globe must add or replace 49.7 million miles of transmission lines by 2040 to meet future climate change challenges.

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