Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, September 23
    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 Face an Affordability Problem; the Bigger Risk is a Trust Deficit

    September 20, 2026
    Utilities

    OurCoop rebrands its travel and utilities arms after merger

    September 10, 2026
    Utilities

    Utilities Down After Wholesale Inflation Data- Utilities Roundup

    September 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
    Stock Market

    SPGM vs IEFA: Which Global Stock ETF Is the Better Buy?

    June 12, 2026
    Stock Market

    Dow Jones| Nasdaq | US Stock Market Today | Live: US market slips as tech selloff deepens, bond yields rise

    August 18, 2026
    Bitcoin

    Strategy Raises $5.1B Reserve as Bitcoin Holdings Near 4% of Supply

    August 24, 2026
    What's Hot

    Seaside estate’s $205M asking price sets a new Palm Beach record

    November 13, 2025

    Bitcoin (BTC) price analysis: $63,000 level is key

    August 4, 2026

    World Liberty Financial de Trump achète des millions de Bitcoin

    January 20, 2025
    Most Popular

    Utilities Up as Treasury Yields Fall — Utilities Roundup

    September 15, 2025

    L’augmentation de Bitcoin est-elle une bénédiction ou une menace pour les bons du Trésor d’entreprise?

    June 18, 2025

    Institutional ownership of Bitcoin ETFs reached 24% last quarter

    August 20, 2024
    Editor's Picks

    Will the Stock Market Crash as Tariffs Hit the Economy in 2025? History Offers an Important Clue.

    June 6, 2025

    Une école en Écosse enseigne désormais le Bitcoin

    April 18, 2025

    Bitcoin Price Prediction: Imminent Breakout as BTC Keeps Punching the $79K Ceiling

    May 2, 2026
    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.