Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, September 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

    Andy Burnham talks about ‘public control’ of the utilities but it’s a minefield. We can lead him through it | Will Hutton and Andy Haldane

    September 24, 2026
    Utilities

    United Utilities seeks £1bn for network upgrades and growth projects

    September 24, 2026
    Utilities

    Utilities Shares Fall Amid Sharp Increase in Borrowing Costs — Utilities Roundup

    September 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
    Stock Market

    The biggest FTSE risers and fallers in April revealed: Winners and losers as Trump’s tariffs rocked stock markets

    May 5, 2025
    Stock Market

    Trump Trade War: How Renewed Trade Tensions Hammered U.S. Stock Market

    October 13, 2025
    Bitcoin

    Bitcoin’s Wild Swings Go Quiet, Even As The Bears Won’t Let Go

    August 18, 2026
    What's Hot

    Three Signs That $80K Is the Next Target for Bitcoin Bulls

    April 10, 2026

    Crypto Analyst Issues Bitcoin Alert, Says There Will Be ‘Pretty Severe Consequences’ if BTC Falls Below This Level

    August 10, 2024

    Here’s What a Kamala Harris Presidency Would Mean If You Plan To Buy a House in 2025

    August 10, 2024
    Most Popular

    Asian Market Highlights 3 Stocks Possibly Trading Below Intrinsic Value Estimates

    October 29, 2025

    Bitcoin Red Team Finds 85 Critical Flaws Across 390 Open Source Repos After Coldcard Exploit

    August 5, 2026

    Ethereum Staking, Bitcoin Breakout, ETF Inflows, and Regulatory Pressures Shape Markets

    January 14, 2026
    Editor's Picks

    Bitcoin’s value is based on its ‘service’

    November 19, 2025

    FBI Director Kash Patel’s Undisclosed Stock Buy in Bitcoin Giant Strategy Is Down 44%

    July 2, 2026

    China: Uneven recovery and property reform support – BNY

    August 31, 2026
    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.