Biden admin announces $300M for clean energy permitting

While hailing the supposed success of "Bidenomics," President Biden's Department of Energy (DOE) announced Tuesday its allocation of $300 million to accelerate clean energy transmission permitting.

The funds are to be provided through Transmission Siting and Economic Development (TSED) grant program to "states, tribes, and local governments to accelerate and strengthen electric transmission siting and permitting processes," a DOE press release on Tuesday read, which it added would "help achieve the Biden-Harris administration’s historic climate and clean energy goals."

"Thanks to President Biden’s Investing in America agenda, we have the funding to build out a grid chock-full of clean, cheap, reliable electricity and accelerate transmission expansion while creating good-paying jobs across the country," Energy Secretary Jennifer Granholm remarked in the announcement. She also cited the administration's hope to expand transmission capacity by 60% by 2030.

Entities interested in receiving the grants have until October 31 to submit "concept papers," and full applications will be due by April 5 of next year.