Jon Ossoff Presses Energy Secretary on Frozen Grid Grants and Electric Bus Funding
Forbes Breaking NewsJune 7, 20255 min19,003 views
15 connectionsΒ·21 entities in this videoβGrid Upgrade Grants for Georgia
- π‘ Senator Ossoff highlighted the importance of a strong, resilient grid for America's energy security.
- π Georgia was awarded $250 million under the bipartisan infrastructure law for grid upgrades, matched by private utilities.
- β οΈ These funds, though obligated, are reportedly in limbo, causing uncertainty for constituents and private companies who have already committed capital.
- β‘ The need for upgrades is particularly acute in rural Georgia, as evidenced by prolonged outages after Hurricane Helen.
Electric School Bus Funding for Bluebird Corporation
- π Ossoff inquired about the Bluebird Corporation, a Georgia-based manufacturer of school buses, and its demand for electric school buses.
- π° Bluebird has invested $80 million to retool its facility for electric bus production, matched by an $80 million federal grant from the Department of Energy.
- β³ The Secretary indicated that a decision on this grant, and others, would likely come this summer, acknowledging the cost of prolonged uncertainty for private companies.
- π¬ Ossoff emphasized that he is asking the Secretary to make good on obligations already made to the state of Georgia.
Energy Grid Review Process
- π Secretary Wright explained that careful reviews are being conducted for grants, similar to the loan program office, due to concerns about how funds were committed in the past.
- π The review process aims to ensure that grants are financially viable and will help the community.
- π― Ossoff expressed concern that the extensive review process is being conducted against ideological criteria rather than focusing on obligated funds from bipartisan legislation.
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Whatβs Discussed
Energy GridGrid UpgradesBipartisan Infrastructure LawGeorgiaEnergy SecurityHurricane HelenElectric School BusesBluebird CorporationDepartment of EnergyFederal GrantsPrivate InvestmentRural GeorgiaEnergy Secretary
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