JPMorgan and RMI Formed Great American Grid Coalition
The coalition aims to accelerate U.S. power grid modernization for businesses dependent on infrastructure.
Updated on Sept. 23, 2026 in Utilities
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JPMorgan Chase and nonprofit RMI have formed the Great American Grid coalition to modernize the aging United States power grid. The initiative focuses on accelerating grid interconnection and optimizing transmission infrastructure.
Why it matters
The effort aims to address systemic bottlenecks in the U.S. power grid that impact industrial capacity and reliability. Modernizing infrastructure is a prerequisite for operators managing energy-intensive facilities or planning for future electrical demand.
JPMorgan Chase and RMI have established one coalition to address the aging U.S. power grid. The full scale of capital investment and specific capacity improvements remains undisclosed.
The players
JPMorgan Chase
A global financial services firm and the largest bank in the United States by assets.
RMI
A non-profit organization focused on energy efficiency, decarbonization, and resource optimization.
The details
The coalition operates by pitching regulatory and structural reforms designed to shorten the interconnection queue for new power projects. It also plans to incorporate next-generation technologies to optimize existing transmission lines. These efforts are intended to move more power through current paths while expanding the total footprint of the grid to accommodate increasing industrial and commercial demand.
Timeline
September 23, 2026: JPMorgan announced the formation of the coalition.
Market Landscape
The formation of the Great American Grid coalition reflects a growing private-sector push to resolve interconnection delays. This strategy follows the pattern set by the Federal Energy Regulatory Commission's Order No. 2023, which sought to standardize and speed up how projects connect to the grid.
Operators with high energy demands should monitor coalition-proposed reforms that may alter interconnection timelines for on-site power generation. Reviewing future changes to local utility grid access can help inform long-term facility planning and capacity forecasting.
The takeaway
Reliability and interconnection speed remain the primary constraints for businesses managing large energy loads. Operators should track the coalition's policy pitches for indicators on how grid access costs and timelines might shift in the coming years.
Further reading
For broader trends in infrastructure and power delivery, see our coverage of Utilities.
Source note: This article includes information reported by Bloomberg Business.
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