Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 28
    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

    Utilities Down on Rate Fears — Utilities Roundup

    July 27, 2026
    Utilities

    Chorley utilities group hits acquisition trail again to boost Power division

    July 27, 2026
    Utilities

    United Utilities apologises after Ambleside without drinking water for more than 12 hours

    July 16, 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

    Satoshi’s 1.1M bitcoin and millions more can be saved from quantum attack, says expert

    May 21, 2026
    Bitcoin

    3 Things Every Bitcoin Investor Needs to Know

    February 13, 2026
    Bitcoin

    Bitcoin plunges below $72,000 amid global market sell-off, stumbling 42% since October

    February 4, 2026
    What's Hot

    Asia Markets Keep Dancing as the Strait Groans Beneath the Floorboards

    May 11, 2026

    Bitcoin falls sharply as crypto market loses $500 million

    August 18, 2025

    Finance Minister Nicola Willis’ potential conflict of interest about Genesis Energy ends, register shows other ministers’ declarations

    October 2, 2025
    Most Popular

    Why China’s Commodity Imports Rise amid Struggling Economy

    July 20, 2024

    Bitcoin Skyrockets to $125k as Analysts Say US Government Shutdown Is the Fuel on the Fire

    October 5, 2025

    Stock Market Updates: Sensex Rises 330 Points; Nifty Above 24,750; PSU Banks Rally | Markets News

    September 28, 2025
    Editor's Picks

    Could Bitcoin Flip and Silver Someday?

    March 12, 2026

    Raw Capital Partners expands into UK mortgage market

    December 8, 2025

    Bitcoin Gains Could Be Held Back by Stablecoin Liquidity, Says CryptoQuant

    July 17, 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.