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Energy Department will spend nearly $2 billion to squeeze more electricity from the nation's aging power grid

Energy Department will spend nearly $2 billion to squeeze more electricity from the nation's aging power grid

Summary

The U.S. Energy Department will spend nearly $2 billion to improve the country’s old and overused power grid. This effort aims to prevent blackouts caused by rising electricity demand, especially due to the growth of artificial intelligence.

Key Facts

  • The Energy Department announced a spending plan of almost $2 billion.
  • The money will be used to get more electricity out of the aging power grid.
  • The power grid is under stress because of high energy demand.
  • Part of the increased demand comes from the rise of artificial intelligence.
  • The announcement happened under President Donald Trump’s administration.
  • The goal is to avoid blackouts in the future.
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