The state will receive $23 million over 5 years to improve electric infrastructure.
Shutterstock photo.
INDIANAPOLIS - The Indiana Office of Energy Development was awarded $9.2 million for the Indiana Grid Resilience Program through the Grid Resilience State and Tribal Formula Grants from the U.S. Department of Energy. The program is designed to make electric infrastructure improvements for the purpose of increasing electric grid reliability and resilience from the impacts of natural disasters.
“Funding from the Grid Resilience Program will build upon existing efforts throughout the state to strengthen electric grid infrastructure,” said Ryan Hadley, Executive Director for the Indiana OED. “It will help drive important investments to improve electric reliability and resiliency and maintain affordability for the benefit of Hoosiers.”
The $9.2 million represents the first two years of the five-year program that will allocate approximately $23 million in formula funding to Indiana. In the coming months, Indiana OED will develop a competitive application process and solicit project proposals.
To learn more about Indiana’s Grid Resilience Program and sign up for updates, visit: https://www.in.gov/oed/grants-and-funding-opportunities/grid-resilience-program/.
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