Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, July 6
    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

    United Utilities in hot water over £435k CEO allowance

    July 4, 2026
    Utilities

    AI is Driving Utilities to Spend a Record $240 Billion in 2026. Buy These Stocks to Capitalize on the Power Surge.

    July 4, 2026
    Utilities

    Utilities Up After Jobs Data – Utilities Roundup

    July 2, 2026
    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

    Why This Bitcoin Dip Might Start a Never-Ending Fall

    February 14, 2026
    Bitcoin

    Jeremy Grantham’s Bitcoin Prediction Has One Big Problem

    June 27, 2026
    Bitcoin

    Bitcoin Plunge Could Get Much Worse as Death Cross Gains Power

    January 29, 2026
    What's Hot

    Bibby Asset Finance Announces Two New Appointments to Drive Growth Strategy

    August 28, 2024

    The Bitcoin Mining ETF That Returned 52% in One Week, And Most Income Investors Have Never Heard of It

    June 26, 2026

    Innovation takes centre stage as global leaders convene for day two of the World Utilities Congress 2025

    May 28, 2025
    Most Popular

    Government to Release Onion Stocks to Stabilize Prices

    August 9, 2025

    Will Bitcoin hit the $100k psychological level soon? Check forecast

    January 15, 2026

    Stock Market Today, June 24: Sunrun Jumps After Announcing Deal With Tesla and Renew Home for 16 Gigawatts of Flexible Power

    June 27, 2026
    Editor's Picks

    CPI in Focus as Stocks Swing and Precious Metals Break Down

    June 9, 2026

    Cathedra Bitcoin nomme Joel Block au poste de PDG et président du conseil

    July 11, 2025

    Bitcoin Proxy’s Chief Seeks Funding Fix as ‘Flywheel’ Falters

    August 30, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

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