Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, July 18
    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

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

    July 16, 2026
    Utilities

    Costain wins three-year United Utilities contract extension

    July 15, 2026
    Utilities

    Backing to accelerate growth at utilities and infrastructure software platform

    July 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
    Commodities

    The Commodities Feed: OPEC+ agrees to a modest output hike | articles

    October 6, 2025
    Property

    Property lawyers say BBC probe into conditional selling ‘long overdue’

    July 15, 2025
    Finance

    Swiss authorities draw flak in Credit Suisse probe, report says

    July 14, 2024
    What's Hot

    Michael Saylor Predicts Bitcoin Will Hit $280 Trillion in Market Cap by 2045

    July 26, 2024

    Stock Market Holidays This Week: NSE, BSE To Remain Closed For Three Days For Bakrid And More

    May 24, 2026

    Is This 1 Existential Risk to Bitcoin a Reason to Buy Zcash Right Now?

    April 11, 2026
    Most Popular

    Waiting a Year After IPOs Can Reveal the Real Risk-Reward Picture

    June 12, 2026

    SM Energy upgraded to ’BB+’ by Fitch following Civitas merger By Investing.com

    January 30, 2026

    Shriram Finance Q4FY26: Profit up 40.86%, Rs 6 dividend announced – Industry News

    April 24, 2026
    Editor's Picks

    Safe-haven gold on track for best month in seven

    October 31, 2024

    Dow dips, S&P 500 and Nasdaq rebound on Strait of Hormuz hopes

    April 2, 2026

    Cryptocurrency: Bitcoin plummets by over 50 percent

    June 22, 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.