Opportunity Title:
Pumped Storage Hydropower Wind and Solar Integration and System Reliability Initiative
Opportunity Number:
DE-FOA-0002802
Description:
The U.S. Department of Energy’s (DOE) Water Power Technologies Office issued a $10 million funding opportunity to support studies that facilitate the licensing and eventual construction and commissioning of new pumped storage hydropower (PSH) facilities. This effort will enable increased integration of variable renewable energy resources, such as wind and solar, and support power system decarbonization while improving grid reliability.
Activities also support the broader, government-wide approach to create U.S. jobs if the proposed PSH projects supported by this funding progress toward construction and commissioning. These activities will help to maximize the benefits of the clean energy transition as the nation works to curb the climate crisis, empower workers, and advance environmental justice.
As of 2021, PSH accounted for 93% of utility-scale energy storage in the United States. New PSH projects require preliminary studies on site design, interconnection, and market analysis. The costs associated with these studies can be substantial, and their complexity, particularly in today’s rapidly evolving power system, can demand analytical expertise from external consultants beyond that required for many other renewable energy and battery storage projects. Additionally, a robust effort to gain social acceptance and stakeholder buy-in, including from tribal partners, will be an essential component of any new PSH project in the United States. This funding opportunity seeks to address these challenges and help progress new PSH projects toward commissioning.
Eligibility:
Domestic Entities, Foreign Entities, Unincorporated Consortia, Incorporated Consortia
Total Amount Available:
$10,000,000
Maximum Award:
$10,000,000
Minimum Award:
$2,000,000
Submission Details:
Letter of Intent due November 17, 2022
Full Applications due December 15, 2022
Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.
Comments