Section 40101(d) Grid Resilience
Under Section 40101(d) of the Bipartisan Infrastructure Law, the U.S. Department of Energy is providing funds to States to create new grants programs focused on improving the resilience of their electric grids. The Illinois Finance Authority, in its new role as the Illinois Climate Bank, will be responsible for distributing these grants in Illinois with a focus on targeting innovative approaches and funding gaps to improve reliability and resilience, particularly in disadvantaged communities that are least able to respond to power outages. The State will be receiving $8 million/year for the next five years to invest in projects. Funds can be used for a variety of investments, including for microgrids, weatherization, and automation. The State will be submitting its application to the U.S. Department of Energy in March 2023, with funds expected to be available in late 2023.