Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, August 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

    How power utilities can build resilient mission-critical OT networks

    August 16, 2026
    Utilities

    Utilities Were Supposed to Be the AI Trade. They’re Up 4%. The Electrification Fund Is Up 31%

    August 14, 2026
    Utilities

    United Utilities welcomes regulator green light for £975m investment plan

    August 13, 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

    Cathie Wood Predicts Bitcoin’s Stabilization After $28 Billion Loss

    January 27, 2026
    Property

    Transcript : Four Corners Property Trust, Inc., Q4 2024 Earnings Call, Feb 13, 2025 -Le 13 février 2025 à 17:00

    February 13, 2025
    Bitcoin

    Bitcoin And A Trillion: A Bold Plan Is Taking Shape

    October 12, 2024
    What's Hot

    Strategy can now sell bitcoin to buy back stock – the opposite of what it’s been doing

    June 29, 2026

    L’histoire se répétera-t-elle dans Bitcoin (BTC)? Les analystes experts donnent leurs prédictions

    April 27, 2025

    Getting on the London property ladder may be easier than you think

    April 2, 2026
    Most Popular

    What makes this China share rally really unique

    March 10, 2025

    BTC price treads water near $74,000 as derivatives signal caution: Crypto Markets Today

    March 18, 2026

    Bitcoin tests $80,000 as war risks, ETF inflows reshape outlook 

    April 26, 2026
    Editor's Picks

    Bitcoin Braced For A Huge Fed Price Earthquake After Sudden Flip

    November 23, 2025

    Bitcoin Core Adds New Trusted Key Maintainer After Three-Year Gap

    January 13, 2026

    The Commodities Feed: Oil surplus expectations grow | articles

    November 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.