Clean energy funding
DOE Awards National Grid $50M to Support Company’s Future Grid Project
The Department of Energy has awarded energy delivery company National Grid a $50 million grant for digital technology development in support of electric system reliability and resilience.
The DOE chose National Grid for its Future Grid Project, a potential $140 million initiative that Stephen Woerner, National Grid president, said would support rapid integration of decarbonized resources. Future Grid has three main investment areas, namely energy network infrastructure upgrades, technology and platforms development and integration and carbon footprint reduction programs for customers.
The department selected the Future Grid Project from over 100 proposals. The investment is part of the Infrastructure Investment and Jobs Act, enacted under the Grid Resilience and Innovative Partnerships Program.
The funding will add to National Grid’s $90 million investment for the project, Yahoo Finance reported.
The award comes after the department announced a potential $10 million funding opportunity for clean energy solutions development. The Spurring Projects to Advance energy Research and Knowledge Swiftly funding round will support projects designed to reduce emissions, increase energy independence, improve energy solutions and boost economic growth.
The SPARKS program is managed by the Advanced Research Projects Agency-Energy.
Category: Federal Civilian
Tags: Department of Energy digital technology electric system resilience federal civilian Future Grid Program Grid Resilience and Innovative Partnerships Program National Grid Stephen Woerner