US Department of Energy to Invest $1.9 Billion for Power Grid Upgrades

March 12 (Reuters) – The U.S. Department of Energy will invest ​about $1.9 billion to accelerate upgrades of ‌power grids in the country, it said on Thursday. U.S. power consumption is set to rise ​sharply this year and the ​next, driven by rapid growth in AI ⁠and cryptocurrency data centers and ​increased electrification of heating … Read more