Nbcdfw iconNbcdfwSep 24, 2026 ~1 min source read

Energy Department will spend $2 billion to squeeze more from aging power grid

The money will go toward 31 projects across 26 states that are expected to produce more than 23 gigawatts of additional electricity capacity — enough to power 16 million homes. The upgrades could improve power reliability and lower electricity costs for about 100 million Americans, officials said.

Energy Department will spend $2 billion to squeeze more from aging power grid

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The money will go toward 31 projects across 26 states that are expected to produce more than 23 gigawatts of additional electricity capacity — enough to power 16 million homes.

power supplies, as massive new data centers come online faster than new power plants can be built.

The upgrades could improve power reliability and lower electricity costs for about 100 million Americans, officials said.

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The money will go toward 31 projects across 26 states that are expected to produce more than 23 gigawatts of additional electricity capacity — enough to power 16 million homes. The upgrades could improve power reliability and lower electricity costs for about 100 million Americans, officials said. Wright was set to announce the grant program Thursday in Allentown, Pennsylvania.

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  • power supplies, as massive new data centers come online faster than new power plants can be built.
  • It also comes as <a href="https://apnews.com/article/2026-election-utility-bills-ai-data-centers-1...
  • The announcement comes amid warnings that AI's voracious demand for power is threatening to overwhelm U.S.

Details worth keeping

The Energy Department is set to announce it will spend almost $2 billion to try to squeeze more electricity out of the nation's aging and stressed power grid, as President Donald Trump's administration steps up efforts to avoid blackouts amid skyrocketing energy demand spurred by artificial intelligence. "These investments will get more out of the infrastructure we already have, move more electricity across the grid, and help deliver affordable, reliable and secure power that will fuel American prosperity for decades to come," Energy Secretary Chris Wright said in a statement. Press obtained program details before its public release.

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