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CenterPoint Energy lands $50 million federal award for grid upgrades
Original: CenterPoint Energy receives $50M award from DOE for grid technology upgrades
CenterPoint Energy has been awarded $50 million from the US Department of Energy to fund upgrades to its electricity grid technology. The utility says the investment will help modernize infrastructure and improve reliability for customers. The announcement comes as utilities across the country race to strengthen aging grids against extreme weather and rising demand.
Why now: Federal funding for grid modernization is drawing attention amid growing concerns about power reliability and extreme weather.
CenterPoint EnergyUS Department of Energy
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- CenterPoint Energy receives $50M award from DOE for grid technology upgrades · Daily Energy Insider
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