The Biden administration is set to announce a new initiative with 21 states Tuesday to modernize the U.S. power grid, ahead of a summer likely to tax its capacity. Under the initiative, the participating states will give priority to electric grid modernization efforts, including those aimed at increased capacity and efficiency. The states, all of which have Democratic governors, will also commit to exploring ways to expand transmission capacity through both legislative and executive action. The federal government, meanwhile, will commit to ensuring states have access to technical assistance and loan programs, according to a fact sheet from the White House. The Biden administrati
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