Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 7
    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
    Finance

    Mamo Raises $4.3 Million for UAE Small Business Financing

    July 28, 2024
    Bitcoin

    Le Bhoutan utilise le Bitcoin pour augmenter les salaires et freiner la fuite des cerveaux

    April 14, 2025
    Property

    Real estate developers pile into UK student housing sector

    February 11, 2025
    What's Hot

    Workington: Period property on the market for £325k

    March 29, 2025

    Morgan Stanley to Launch Bitcoin, Ethereum and Solana Trading Service on E-Trade Platform: Report

    September 23, 2025

    S&P 500, Dow, Nasdaq futures stall with fresh tariffs, Fed minutes in focus

    February 19, 2025
    Most Popular

    Microsoft Asks Shareholders to Vote Against Investing in Bitcoin: SEC Filing

    October 24, 2024

    Pave Finance CEO eyes UK ties, warns on private markets ‘conflicts’

    June 15, 2026

    House prices: What experts say will happen in 2026 after another fall in December

    January 8, 2026
    Editor's Picks

    Crude oil futures decline amid uncertainty over US trade tariff rulings 

    May 29, 2025

    US’s most expensive house goes on sale next month

    January 21, 2022

    Best Commodity Trading Apps of 2024

    July 19, 2024
    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.