The U.S. Department of Energy (DOE) is currently accepting proposals for transmission projects that would connect remote and isolated microgrids to each other or to existing transmission corridors in Alaska, Hawaii and U.S. territories.
Up to $200 million is available for these projects through the Transmission Facilitation Program (TFP), a $2.5 billion revolving fund administered by the Building a Better Grid Initiative as part of the Bipartisan Infrastructure Law.
The TFP has three funding mechanisms available: capacity contracts, DOE loans and DOE participation in public-private partnerships. The newly issued request for proposals falls into the public-private partnership category, meaning the DOE would be an equity partner in the selected projects, providing both capital and technical assistance.
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