New Funding Push Encourages Public-Private Grid Upgrades

The DOE’s Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades (SPARK) funding opportunity is offering up to $1.9 billion for utility grid upgrades.
March 23, 2026

The U.S. Department of Energy’s Office of Electricity (OE) just announced a $1.9 billion funding opportunity to accelerate “urgently needed” upgrades to the nation’s power grid. The OE says these investments will meet rising electricity demand and resource adequacy needs, while lowering electricity costs for American households and businesses. 

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