Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, October 13
    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

    Itron and AT&T Business Expand Next-Generation Connectivity for Water and Gas Utilities

    October 12, 2026
    Utilities

    Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally

    October 11, 2026
    Utilities

    US utilities may cut data centers during peak demand due to AI power strain

    October 9, 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
    Investing

    Vance says Britain needs political change, pledges support for next PM By Investing.com

    July 5, 2026
    Bitcoin

    Bitcoin Price Watch: la récupération en forme de V s’enflamme sur les préjugés haussiers à court terme

    June 9, 2025
    Bitcoin

    US-Iran ceasefire boosts Bitcoin briefly before tensions erase gains

    April 15, 2026
    What's Hot

    Middleton environmentalists advocate for stormwater utility referendum

    October 19, 2024

    Asia report: Most markets rise despite China disappointment

    October 14, 2024

    Stock market crash: Nikkei, Kospi, Hang Seng slide up to 2% after Wall Street sell-off

    November 6, 2025
    Most Popular

    Bitcoin: En mars, la volatilité a atteint les niveaux les plus élevés en un an

    April 4, 2025

    Helvetica Property finalise la fusion de deux fonds

    June 23, 2025

    Bitcoin ETFs Take In Nearly $1B In New Money — But What Will The Price Do?

    July 22, 2026
    Editor's Picks

    Bitcoin (BTC) sideways action has investors hunting for this under $0.04 token with 50x potential

    December 16, 2025

    Crypto Slide: Bitcoin Tumbles Past $77K Support As Higher Oil, Treasury Yields Spook Investors

    May 18, 2026

    Asian shares mixed, Chinese markets decline, after rally on Wall St

    March 25, 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.