Energy Department will spend $2 billion to squeeze more electricity from the aging power grid — Live Feedhttps://www.live-feeds.com/feed/energy-department-will-spend-2-billion-to-squeeze-more-electricity-from-the-aging-power-gridContinuously updated, source-cited coverage. Energy Department allocates nearly $2 billion for power grid upgradeshttps://www.live-feeds.com/feed/energy-department-will-spend-2-billion-to-squeeze-more-electricity-from-the-aging-power-gridhttps://www.live-feeds.com/feed/energy-department-will-spend-2-billion-to-squeeze-more-electricity-from-the-aging-power-grid#u85715Sun, 27 Sep 2026 00:55:33 +0000The U.S. Energy Department is spending nearly $2 billion to increase electricity capacity within the nation's aging power grid. This funding targets advanced transmission projects to prevent blackouts as energy demand rises. Specific allocations include $273 million for Ohio, $175 million for Indiana, $71.5 million for PPL Electric Utilities to modernize high-voltage lines, and $50 million for CenterPoint to address grid issues in Houston. The initiative aims to stabilize the stressed infrastructure against skyrocketing power needs.Why it mattersSurging demand from artificial intelligence