Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, August 11
    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

    DEF CON hackers launch Water Watch Center to defend small water utilities

    August 10, 2026
    Utilities

    United Utilities named in top 100 apprenticeship employers

    August 10, 2026
    Utilities

    United Utilities in Top 100 apprenticeship employers

    August 8, 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
    Commodities

    Commodity Roundup: Gold, oil gain as traders weigh risks of wider conflict in Middle East

    August 12, 2024
    Stock Market

    Stock Market Highlights 10 October 2025: Benchmark indices log best week in 3 months; foreign investors turn buyers

    October 10, 2025
    Commodities

    TradingView expands data offerings with Euronext commodity futures

    August 15, 2024
    What's Hot

    Interest rates, Alibaba, Micron Technology, Prudential and JD Wetherspoon

    March 13, 2026

    China’s property crisis sends shockwaves through global markets

    September 5, 2023

    Bitcoin et Stocks Pump, puis vider le faux rapport sur une pause de tarifs de 90 jours

    April 8, 2025
    Most Popular

    Bonds, levy send Salem property taxes soaring

    October 28, 2025

    How Bitcoin-Backed Loans Are Creating A New Financial Symbiosis

    September 30, 2025

    Short Interest in Essential Utilities, Inc. (NYSE:WTRG) Drops By 17.0%

    July 13, 2024
    Editor's Picks

    Kevin Warsh nomination impacts Bitcoin price outlook amid hawkish stance

    April 30, 2026

    UK estate agents’ optimism on home sales hits highest level in over a year

    January 14, 2026

    How Property Rights Influence Externalities and Prevent Market Failure

    December 18, 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.