Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, July 30
    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 Rate Fears — Utilities Roundup

    July 27, 2026
    Utilities

    Chorley utilities group hits acquisition trail again to boost Power division

    July 27, 2026
    Utilities

    United Utilities apologises after Ambleside without drinking water for more than 12 hours

    July 16, 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

    D-Street Ahead: How will Indian stock market move next week? Your trading strategy—key technical calls for Nifty, Sensex

    April 5, 2025
    Stock Market

    Asian shares turn cautious with US Fed in focus, yen up as BOJ chief speaks | World News

    August 23, 2024
    Stock Market

    Dow, Nasdaq, S&P 500 sink as tech falters amid flood of earnings

    February 3, 2026
    What's Hot

    Transition finance – Unlocking decarbonisation in South Africa’s most important sectors – BusinessTech

    March 1, 2026

    Wealth manager Choreo discloses first Bitcoin ETF holdings

    August 13, 2025

    Nasdaq seeks SEC approval for bitcoin index options

    August 27, 2024
    Most Popular

    Japan reclassifies Bitcoin as financial asset, effective July 2026

    July 16, 2026

    La société d’analyse revendique une activité anormale dans les mouvements de Bitcoin – voici ce que cela signifie

    June 16, 2025

    TCS Q4 results 2026: Should you buy IT stock ahead of earnings, final dividend announcement?

    April 8, 2026
    Editor's Picks

    Gulf Navigation Holding receives approval from the Securities and Commodities Authority

    November 15, 2025

    La Mobilière envisage d’introduire un fonds à la Bourse suisse

    April 7, 2025

    Strategy to buy over $14B in Bitcoin, boosting crypto holdings

    June 29, 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.