The U.S. Department of Energy has committed $2 billion for smart technology improvements to the nation’s electric grid, aiming to address concerns about artificial intelligence power usage, blackouts, and higher utility bills heading into the colder seasons.
During a press conference on Sept. 24, Energy Secretary Chris Wright said the investment would affect around 100 million Americans. Nationally, the spending would be distributed across 31 projects in 26 states and is expected to produce more than 23 gigawatts of electricity annually, enough to power about 16 million homes.
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