JPMorgan and RMI Launched Great American Grid Coalition
The partnership aims to modernize national power infrastructure through improved grid interconnection and capacity.
Updated on Sept. 23, 2026 in Utilities
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JPMorgan Chase has partnered with the nonprofit organization RMI to form the Great American Grid coalition. This new initiative seeks to accelerate the modernization of the aging United States power grid.
Why it matters
The coalition was established to address long-standing challenges in national transmission infrastructure. By optimizing grid capacity, the group aims to ensure the reliable integration of next-generation power technologies.
The coalition involves a partnership between a major financial institution and a nonprofit research organization. The initiative focuses on scaling infrastructure across the entire United States, though exact project funding targets are still under investigation.
The players
JPMorgan Chase
JPMorgan Chase is a multinational financial services firm and the largest bank in the United States.
RMI
RMI is an independent nonprofit organization that focuses on accelerating the transition to clean energy.
The details
The Great American Grid coalition plans to pitch reforms that will speed up the interconnection process for energy producers. Additionally, the group will work to expand and optimize transmission infrastructure while incorporating modern energy technologies into the existing grid.
Timeline
September 23, 2026: JPMorgan announced the formation of the coalition.
Market Landscape
The coalition effort follows the pattern set by the Federal Energy Regulatory Commission Order 2023, which sought to remove bottlenecks in energy project interconnection. This move signals a trend of private capital seeking to supplement federal regulatory reforms to address long-term infrastructure gaps.
Average utility customers may eventually experience improved grid reliability as the coalition pushes for infrastructure optimizations. However, there are no immediate changes to retail electricity pricing or service availability for households resulting from this announcement.
The takeaway
The formation of this coalition highlights a growing interest from financial institutions in the physical components of the energy transition. Implementing these grid reforms will be essential for integrating new power sources into the national energy supply.
Further reading
For more on the changing national energy landscape, visit United States Utilities.
Source note: This article includes information reported by Bloomberg Business.
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