Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, May 25
    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 on Safe-Haven Demand – Utilities Roundup

    May 22, 2026
    Utilities

    Boring Beats Brilliant: How a Utilities ETF Has Quietly Trounced the S&P 500 in Every Recession This Century

    May 22, 2026
    Utilities

    Biggest block management headaches revealed, as utilities top the list

    May 22, 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

    UK households told to make important boiler check with energy price cap set to rise

    August 27, 2025
    Stock Market

    India now least favoured asian stock market: BofA survey

    August 13, 2025
    Commodities

    Why Copper Now Costs a Lot More in the U.S. Than the Rest of the World — Commodities Roundup

    July 9, 2025
    What's Hot

    Ramadan Essential Commodity Imports 2025 | Essential commodity imports surge ahead of Ramadan

    February 20, 2025

    Bitcoin ETFs seen to add $20bn in inflows before 2026 as price hits new record

    October 6, 2025

    Tech Stocks Sink as War Jitters Fuel Rush to Bonds: Markets Wrap

    July 30, 2024
    Most Popular

    Shaping the next generation of property leaders: Johnson Fellows issues application reminder in National Apprenticeship Week

    February 13, 2026

    À l’occasion du Finance Magnates Africa Summit, Axi présente son programme d’allocation de capital, Axi Select

    June 6, 2025

    Finance app Plum launches AI tool to help savers decide what to do with their money

    September 8, 2025
    Editor's Picks

    A glossary to help understand the crisis sparked by Trump

    April 10, 2025

    Vail Williams welcomes Oxford’s property community

    July 12, 2024

    China Customs IPR Report: 2024 Sees Plateau

    May 6, 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.