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National Grid captures $50m grant for its Future Grid Project
Investors - OCTOBER 26, 2023

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National Grid captures $50m grant for its Future Grid Project

by Released

National Grid has been awarded a $50 million grant from the U.S. Department of Energy (DOE) for a project that will deploy digital technology to optimize the use of distributed energy resources (DERs) to improve electric system reliability and resilience.

The project is ultimately expected to lead to greater development and adoption of decarbonized resources, such as solar and energy storage.

National Grid’s proposal, called the Future Grid Project, was chosen from among more than 100 proposals submitted by utilities, industry, academia and state entities from across the country. The Future Grid Project will deploy digital technology solutions at locations specifically targeted to benefit disadvantaged communities in New York and Massachusetts to improve electric system reliability and resilience and bring more clean energy resources to those areas.

The project is expected to maximize the value of DERs through advanced network management, resource orchestratio

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