The Department of Energy is investing $40M in fiscal 2019 funds supporting the efforts to modernize the nation’s energy grid. Funds under the Grid Modernization Initiative would finance government and industry development projects for applications designed to measure, analyze, forecast on, secure and manage the grid, DOE said Thursday.
The initiative would leverage national laboratory expertise and industry-based support to develop prospective competencies under a commitment to the Grid Modernization Laboratory Consortium. Topics for the future lab call will include resilience modeling, energy storage, advanced sensors, cybersecurity and institutional support.
Mark Menezes, undersecretary of energy, announced the GMI funds at the Innovation XLab Grid Modernization Summit in Seattle, Wash., an event intended to foster grid-focused collaboration between industry and national laboratories.
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