Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, August 22
    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 power utilities can build resilient mission-critical OT networks

    August 16, 2026
    Utilities

    Iranian Hackers Target US Water Utilities: What We Know About the Attacks on Critical Infrastructure – AndroGuider

    August 14, 2026
    Utilities

    Utilities Were Supposed to Be the AI Trade. They’re Up 4%. The Electrification Fund Is Up 31%

    August 14, 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
    Property

    Property optimist now foresees extended slump

    November 24, 2025
    Bitcoin

    OTC Bitcoin Wallets Swell Amid Low Volatility: 57,000 BTC Added In A Month

    August 24, 2024
    Property

    Travis County property tax rates set for upcoming tax season

    October 11, 2024
    What's Hot

    Bitcoin Price Forecast: BTC extends recovery amid positive progress in US-Iran peace talks

    July 2, 2026

    Florida Tech investing more than $4 million in aviation programs to help global pilot shortage

    August 7, 2024

    Varia US Properties : Results of today’s Annual General Meeting 2025 (FR Version)

    April 30, 2025
    Most Popular

    Richmond council members respond to finance department changes

    August 21, 2024

    Mawarid Finance launches Lynq — a financial operating system for UAE businesses

    May 11, 2026

    Best Commodity Trading Apps of 2024

    July 19, 2024
    Editor's Picks

    Les FNB Bitcoin ont de l’élan avec le 8e jour consécutif d’entrées | ETF News

    June 19, 2025

    Apple launches £220 iPhone ‘sock’ today – and fans are divided | Money | Money News

    November 14, 2025

    FTSE 100 flat as stock market rebound fades

    August 6, 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.