Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, November 1
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Federal funding for new utility projects
    Utilities

    Federal funding for new utility projects

    August 23, 20242 Mins Read


    Millions of federal dollars are flowing to local utility companies that want to help their own communities better manage big interconnection projects. It’s a solution aimed at helping solve the aging electric grid problem on a grassroots level. The U.S. Department of Energy is rolling out information and opening the application portal, with a due date of October 16, 2024.

    This new program is called the Innovative Queu Management Solutions (iQMS) for Clean Energy Interconnection and Energization program. It aims to benefit 25 different local utilities as the nation meets the challenge of grid modernization. This could eventually benefit industries like manufacturers that rely on large amounts of electricity, serve increasing demand for electric vehicle charging and help with the extra costs of upgrading infrastructure for local economic development.

    A DOE press release states:

    “DOE intends to fund pilot projects to demonstrate new interconnection queue management solutions on actual interconnection, service load, and energization queues. These tests will help utilities and public utility commissions understand the real-world capabilities of new software and workflow automation solutions and speed their adoption to enable rapid deployment of more solar energy, wind energy, energy storage, EV charging infrastructure and other clean energy assets to the grid.”

    The program seeks to award multiple utilities with $200,000 for feasibility studies, then award $650,000 each to build various demonstration projects.

    Utility companies and others seeking more information can register for  webinar on August 29 from 3-4 p.m. ET or attend office hours on September 19 from 3-4 p.m. ET to learn more.

    Anne Brock is marketing coordinator for Solar Alliance, which designs and manages solar projects for local utilities, manufacturers and small businesses. She can be reached at email or 865-221-8349.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHow much is Riviera Beach spending to fix its water utility?
    Next Article House Case Portends Reform for NCAA School Financial Reporting

    Related Posts

    Utilities

    How Advanced Conductors Are Helping Utilities Deliver More Power Quickly

    November 1, 2025
    Utilities

    Utilities Down on Cyclical Rotation — Utilities Roundup

    October 31, 2025
    Utilities

    Japanese utilities say they can replace Sakhalin-2 if supply interrupted

    October 31, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Fear & Greed Index hits 63 as Bitcoin, ETH, and SOL rebound

    August 7, 2025
    Utilities

    Trends and Innovations in Utilities Security

    October 29, 2024
    Bitcoin

    Bitcoin Mining Stock Values Rising Faster Than the BTC They Produce: JPMorgan

    July 16, 2024
    What's Hot

    A Blueprint for Quantum-Safe Utility Communications

    July 17, 2024

    Crude Oil: Cutting Off Russian Supply for India is a Risky Game

    August 28, 2025

    AU Small Finance Bank enables UPI access to NRIs across 12 countries

    August 20, 2025
    Most Popular

    Auteur de «Rich Dad Poor Dad»: «J’espère que Bitcoin se bloque. J’achèterai plus ‘

    July 6, 2025

    E-Commodities rachète environ 15,7 millions d’actions pour un montant de 14 millions de dollars HK ; les actions chutent de 4 %.

    March 24, 2025

    Stock market today: Asian markets mostly fall after Wall Street logs 3rd loss in a row

    October 24, 2024
    Editor's Picks

    Here’s What Caused the Crypto Market Crash Today

    August 28, 2024

    La guerre commerciale pousse les Américains vers le reconditionné et fait les affaires de Back Market

    June 3, 2025

    Quel est le meilleur ETF sur Bitcoin?

    June 16, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.