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ARTICLE · 19 FEBRUARY 2024

U.S. Department Of Energy Issues Second Transmission Facilitation Program Solicitation

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On February 6, 2024, the U.S. Department of Energy ("DOE") issued its second solicitation for eligible transmission project applicants seeking DOE support under the Transmission Facilitation Program...

United StatesEnergy and Natural Resources
Marius Griskonis
Marius Griskonis
Diana Jeschke
Diana Jeschke
Nicholas Atwood
Nicholas Atwood
Paulina Sosa
Paulina Sosa

On February 6, 2024, the U.S. Department of Energy ("DOE") issued its second solicitation for eligible transmission project applicants seeking DOE support under the Transmission Facilitation Program ("TFP") through capacity contracts. DOE states that it anticipates deploying up to $1.2 billion in capacity contracts in response to its solicitation. The deadline for initial applications is March 11, 2024, with some applicants invited to submit more detailed proposals, and DOE's selection notifications expected in October 2024.

DOE's TFP was established in the Infrastructure Investment and Jobs Act, with the goal of facilitating the development and construction of much-needed transmission infrastructure. Such new transmission infrastructure is intended to support, among other things, the reliability and resilience of the nation's electric transmission system. The expectation is that the TFP will drive investment in transmission and reduce the financing

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