Related Articles
Investment cases for transmission are complicated
Forward article link
Share PDF with colleagues

US bill funds EVs and transmission

Legislation provides finance for charging stations and transmission lines

The Biden administration’s  $1.2tn bipartisan infrastructure bill will provide finance for the deployment of electric vehicle (EV) charging stations as well as the transmission lines required to power those stations effectively. Some $5bn will be available to help states build such stations along highways, while another $2.5bn will be invested in grid upgrades. The infrastructure bill smooths permitting and siting for new transmission lines at the federal level, creates a loan facility to help investors build new lines until demand arises and provides several billion dollars for smart grid capabilities such as software to help existing lines work better. As well as helping with EV uptake,

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Tidal energy to feature in next UK auction
25 November 2021
UK government ringfences £20mn/yr for tidal in upcoming renewable energy tender
Jordan eyes renewable power exports
25 November 2021
As wind and solar power capacity have ramped up impressively, the government is mulling ways to maximise its returns
UK net-zero strategy: Ten key points
25 November 2021
The plans aim to accelerate decarbonisation in a number of different areas with a mix of investment and policy
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video