Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, July 3
    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 Up After Jobs Data – Utilities Roundup

    July 2, 2026
    Utilities

    Global utilities unite to tackle grid supply chain challenges

    June 26, 2026
    Utilities

    Global utilities unite to tackle clean energy supply chain bottlenecks

    June 23, 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

    ‘It’s Now Happening’—Urgent $38 Trillion U.S. Dollar ‘Collapse’ Warning Issued As Markets Brace For Gold And Bitcoin Price Shocks

    January 21, 2026
    Finance

    Alphabet, AMD earnings in focus: Yahoo Finance

    October 29, 2024
    Investing

    Should Investors Be Worried About the Qualcomm Sell-Off? 3 Reasons I’m Not Selling This AI Stock.

    August 18, 2024
    What's Hot

    China aims to revive steelmaking without ordering cuts to supply

    November 3, 2025

    Manhunt launched for suspect who ‘punched finance worker in the face’ on the Tube | News UK

    August 6, 2025

    Former DSW partner launches corporate finance firm to handle “underserved” smaller deals

    January 5, 2026
    Most Popular

    Stock Market Live Updates 2nd September 2025: Stock to buy today: Zydus Lifesciences 

    September 1, 2025

    UK housing market shows resilience despite weaker demand

    May 27, 2026

    Bitcoin Is Down 42% and Losing Steam. Here’s What the Next 2 Years Could Realistically Look Like.

    April 12, 2026
    Editor's Picks

    Bitcoin Surges Past $89,000 as Trump Shrugs Off Dollar Slump, Gold Hits Fresh $5,215 Record

    January 28, 2026

    A broad slowdown is gipping China’s economy—and the pressure is building

    December 7, 2025

    How local employers are investing in younger workers 

    August 21, 2024
    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.