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

    The Million-Dollar Volt: Why Utilities Are Rebranding from Dividend Darlings to High-Octane Growth Stocks

    July 13, 2026
    Utilities

    Utilities firm eyes growth after £44 million boost

    July 13, 2026
    Utilities

    Utilities Up Slightly as Traders Hedge on War Risk – Utilities Roundup

    July 10, 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

    AltBank, Commodity Exchange Partner To Tackle Food Insecurity

    July 17, 2025
    Commodities

    How to ride the commodities supercycle

    February 27, 2026
    Property

    Sentiment over property sector seen recovering

    February 17, 2025
    What's Hot

    SpaceX Moves $133 Million in Bitcoin During Market Swings

    October 25, 2025

    Exploring Yiwu: The global hub of small commodities

    October 25, 2024

    The “Strategic Bitcoin Reserve” is an Absurd Idea

    August 9, 2024
    Most Popular

    Cyber-Privateers: China Loots American Intellectual Property

    March 3, 2025

    Stock Market Live Updates Mar 16: Sensex, Nifty trade in green as markets turn volatile

    March 16, 2026

    Better Cryptocurrency to Buy Right Now: Bitcoin vs. XRP

    August 25, 2024
    Editor's Picks

    UK Stamp Duty Holiday for New London Listings Sparks Hopes for Stock Market Revival

    November 27, 2025

    UK’s Rightmove hit with $2 billion lawsuit over estate agent fees

    April 1, 2026

    Nasdaq, S&P 500 rise, Dow slips as Wall Street awaits Nvidia earnings, bitcoin resumes sell-off

    November 19, 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.