Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Sunday, August 9
    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 in Top 100 apprenticeship employers

    August 8, 2026
    Utilities

    Utilities Down as Flight From Sector Continued — Utilities Roundup

    August 5, 2026
    Utilities

    Utilities threaten action if lawmakers fail to cut their wildfire liability risk

    August 5, 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

    China sets growth target of “around 5%” as it reels from Trump tariffs

    March 4, 2025
    Commodities

    Risk on after US and China lower tariffs

    May 12, 2025
    Finance

    Financing the Business of Private Equity

    October 28, 2024
    What's Hot

    Gold’s Weather Pattern May Be Subtly Shifting

    July 2, 2026

    Edumapper, Byzantine Finance, MoEa… Les levées de fonds de la French Tech cette semaine

    March 2, 2025

    Bitcoin Cash Price Overview for September 6 – InsideBitcoins

    September 6, 2025
    Most Popular

    Bitcoin Sell-Off Deepens as Whales and Institutions Dump Holdings Amid Weak Demand

    January 24, 2026

    Gold Powers Through $3,600 as Bullish Momentum Shows No Signs of Slowing

    September 8, 2025

    Nansen Says Bitcoin Investors Should Become Risk-On, Here’s Why

    July 28, 2024
    Editor's Picks

    Ex-chairman of Hong Kong-listed Neo-China surrenders after 13 years on the run

    July 29, 2025

    ExxonMobil Overcomes ‘Softer’ Commodity Prices and Permian Outperforms, Lifted by Pioneer Merger

    August 6, 2024

    Fondation de base, Bitcoin Layer 1 avec plus de 500 millions de dollars BTC jalonné, ajoute Bitgo et Koda en tant que validateurs

    June 5, 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.