The Briefing Room
General Category => Science, Technology and Knowledge => Energy => Topic started by: thackney on February 13, 2018, 02:14:02 pm
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Power sector eligible for funding under Trump infrastructure plan
https://www.chron.com/business/energy/article/Power-sector-eligible-for-funding-under-Trump-12608174.php (https://www.chron.com/business/energy/article/Power-sector-eligible-for-funding-under-Trump-12608174.php)
February 13, 2018
...On Monday the White House released a 55-page infrastructure plan, which along with the expected mentions of roads and airports also identified power projects as eligible for $50 billion in federal infrastructure spending in rural areas.
"We see significant promise in President Trump's plan," said Amy Farrell, a senior vice president at the American Wind Energy Association. "With 99 percent of American wind farms built in rural areas, an investment in transmission infrastructure boosts rural economies while improving resilience and reliability."
Trump is looking for $1 trillion in infrastructure spending, but is only proposing setting aside $200 billion in federal funding with hopes of leveraging the rest from state and local government along with the private sector.
The White House proposal says power projects of varying type would be considered, including government-owned generation, as well as transmission and distribution projects....