Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Pressure is mounting on Lund at BP and Novo Nordisk

May 22, 2025

Oil India PAT up 10 pc to ₹6,114 crore in FY25; crude output rises 2.95%, ET EnergyWorld

May 22, 2025

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver – The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

May 22, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Energy Department to Redirect $365 Million to Support Grid Resilience Efforts in Puerto Rico
U.S. Energy Policy

Energy Department to Redirect $365 Million to Support Grid Resilience Efforts in Puerto Rico

omc_adminBy omc_adminMay 21, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


WASHINGTON— The U.S. Department of Energy (DOE) today announced it will redirect $365 million in funding to address Puerto Rico’s grid resiliency and expand access of affordable, reliable, and secure power supply for the people of Puerto Rico. The funding, allocated through the Puerto Rico Resilience Fund (PR-ERF), will be deployed to support practical fixes and emergency activities that offer a faster, more impactful solution to the current crisis, benefiting critical facilities like hospitals and community centers.

Today’s announcement follows U.S. Secretary of Energy Chris Wright’s decision to issue two emergency orders for Puerto Rico just weeks after the most recent island-wide blackout, underscoring the urgency of deploying immediate solutions for the millions of people who depend on Puerto Rico’s fragile grid to power their homes and businesses.

“With President Trump’s leadership, the Department of Energy is focused on fortifying America’s electric grid and ensuring the reliable delivery of electricity across the country, and nowhere is this more needed than in Puerto Rico,” said Secretary Wright. “By redirecting these funds, we will ensure taxpayer dollars are used to strengthen access to affordable, reliable and secure power, benefiting more citizens as quickly as possible. This strategic shift allows us to address the root causes of the grid’s instability, strengthening the grid’s fragile infrastructure and delivering lasting relief for Puerto Rico.”

“Puerto Rico is facing an energy emergency that requires we act now and deliver immediate solutions. Our communities, businesses, and healthcare facilities cannot afford to wait years, nor can we rely on piecemeal approaches with limited results. Rather than impacting a few customers, deploying these funds for urgent projects that improve the resiliency and reliability of our grid will have widespread, lasting benefits for all 3.2 million Americans in Puerto Rico,” said Puerto Rico Governor Jenniffer González-Colón. “Since day one, President Trump and Secretary Wright have made it a priority to ensure we implement comprehensive solutions to address Puerto Rico’s energy challenges. I look forward to continuing working with them on these efforts.”

This $365 million funding was initially awarded by the Biden administration in December 2024 to support rooftop solar and battery storage installations slated to begin construction in 2026. Today, DOE is reprioritizing these awards and will redirect funding to support technologies that improve system flexibility and response, power flow and control, component strength, supply security, and safety. The redirection of these funds will expand access to reliable power for millions of people rather than thousands and generate a higher return on investment for taxpayers while advancing grid resiliency for Puerto Rico.   

DOE is working in close coordination with Puerto Rico Governor Jenniffer González-Colón, Energy Czar Josué A. Colón-Ortiz, Puerto Rico’s energy industry and key community leaders and stakeholders to ensure maximum effectiveness of DOE resiliency funds.

###

 



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Google I/O 2025: Untangling Google’s New AI Updates

May 21, 2025

The Real Reason Why OpenAI Spent $6.5 Billion on Jony Ive’s AI Startup

May 21, 2025

Energy Secretary Wright Testifies Before Senate Appropriations Subcommittee on FY2026 Budget Request

May 21, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views

Permian Basin growth fuels ExxonMobil’s quarterly success – Oil & Gas 360

May 2, 20251 Views

Oil India PAT up 10 pc to ₹6,114 crore in FY25; crude output rises 2.95%, ET EnergyWorld

May 22, 20250 Views
Don't Miss

Pressure is mounting on Lund at BP and Novo Nordisk

By omc_adminMay 22, 2025

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

Significant oil and gas resources found in western U.S., says Dept. of Interior

May 21, 2025

Subsea7 awarded sizable contract for offshore West Africa

May 21, 2025

DOF awarded $480 million in Petrobras contracts for offshore Brazil

May 21, 2025
Top Trending

FedEx Buys 3 million Gallons of Sustainable Aviation Fuel for LAX Flights

By omc_adminMay 21, 2025

Microsoft Launches Solutions Enabling Users to Manage, Reduce Carbon Impact of Cloud Computing

By omc_adminMay 21, 2025

Lululemon Appoints Former Nike CSO as New Sustainability Head

By omc_adminMay 21, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Trump crypto czar Sacks stablecoin bill unlock trillions for Treasury

May 21, 20250 Views
Our Picks

DOF awarded $480 million in Petrobras contracts for offshore Brazil

May 21, 2025

TotalEnergies to Invest in BC LNG Project

May 21, 2025

Trump Administration Allows NY Offshore Wind Project to Resume

May 21, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.