Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, August 1
    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 Down on Rate Fears — Utilities Roundup

    July 27, 2026
    Utilities

    Chorley utilities group hits acquisition trail again to boost Power division

    July 27, 2026
    Utilities

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

    July 16, 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
    Bitcoin

    Bitcoin Bulls Are Safe From Losing $100,000 Support, Says Analyst

    August 19, 2025
    Property

    US property cat reinsurance rates to see “minor decline” at 1/1: AM Best

    December 2, 2025
    Bitcoin

    Presidio Bitcoin Releases Quantum Readiness Paper

    April 14, 2026
    What's Hot

    Legendary Trader Peter Brandt Makes Unexpected Bitcoin (BTC) Revelation By U.Today

    August 23, 2024

    Community Trust stock undervalued, Raymond James upgrades on strong profitability By Investing.com

    October 18, 2024

    Bitcoin Price News: BTC Eyes $85K as Futures Market Comes Back to Life

    April 22, 2026
    Most Popular

    EUR/USD Steadies But Energy Shock Timeline Dominates Outlook

    March 4, 2026

    The Newest Artificial Intelligence Stock Has Arrived — and It Claims to Make Chips That Are 20x Faster Than Nvidia

    October 12, 2024

    US Oil Production Reached Record High Last Week

    August 7, 2024
    Editor's Picks

    Looks Like China Is Dragging Feet On Its End Of Trump Trade Truce – IJR

    June 28, 2025

    Bitcoin Price News: BTC Eyes $60K Retest as Saylor’s Auction Triggers Dump

    June 4, 2026

    Nasdaq leads Dow, S&P 500 higher as latest Trump tariff plan takes shape

    February 13, 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.