U.S. Energy Department Launches $5 Billion Effort to Expand Existing Transmission Capacity

The U.S. Energy Department on Sept. 24 announced its intention to fund 31 transmission upgrade projects across 26 states through its Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades, or SPARK, initiative providing $1.9 billion in federal funding alongside $3.35 billion in recipient cost-sharing. The funding package, totaling $5.25 billion,…...