Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, August 28
    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 Rotation Into Tech — Utilities Roundup

    August 27, 2026
    Utilities

    Why the emergency response operating model must evolve for utilities

    August 26, 2026
    Utilities

    Utilities Inch Up as Traders Hedge on Yield, Inflation View — Utilities Roundup

    August 25, 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
    Stock Market

    Trading and Investing platform eToro teams up with the London Stock Exchange to offer eToro users access to over 1,000 additional UK stocks

    July 25, 2024
    Stock Market

    Stock Market Today LIVE: Sensex down over 300 points, Nifty 50 below 25,300 ;MCX gold, silver prices falls

    January 29, 2026
    Commodities

    Davis Commodities conçoit une plateforme pour le règlement des produits agricoles via la blockchain

    July 11, 2025
    What's Hot

    L’auteur « Rich Dad Poor Dad » appelle Bitcoin une réponse à une question fondamentale

    February 23, 2025

    How Rightmove became ‘The Argos catalogue for adults’

    April 27, 2025

    Anand Piramal takes over as chair of Piramal Finance post merger of parent with co

    September 24, 2025
    Most Popular

    360 ONE Asset’s new multi asset fund: All you need to know

    July 30, 2025

    Why Pump Energy Savings Should Matter to Utilities

    March 15, 2021

    Serta Simmons Bedding Appoints Cesar Perez as Chief Financial Officer

    July 13, 2024
    Editor's Picks

    How Bitcoin trades like a stock now.

    August 5, 2024

    Stock market holiday: Is stock market open tomorrow on Republic Day 2026? Check full list here

    January 25, 2026

    Five books on finance every young adult should read

    July 27, 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.