A project to wring more capacity out of existing power lines will help suppliers like PPL Electric Utilities improve reliability and affordability for customers, U.S. Energy Secretary Chris Wright said Thursday.
As the energy industry scrambles to meet surging electricity demand, largely from AI data centers, the U.S. Department of Energy (DOE) is poised to spend nearly $2 billion to help fund 31 grid improvement projects in 26 states.
“Energy is life,” Wright said in a news conference near Allentown, where he met with Lehigh Valley leaders. “Get energy policy right, and you create a community with tremendous opportunity, affordability. You attract businesses, which bid up wages. You create a stronger, more thriving community.”…