“I’m thrilled to see the DOE’s commitment to expanding and hardening the nation’s electric system through the GRIP Program. This initiative uniquely positions cities, states, and utilities to benefit from one of the largest funding opportunities from the DOE to enhance grid infrastructure and provide reliable electricity especially to disadvantaged communities.”
– Amit Gohil, Director, Product Marketing
On November 14, 2023, the Department of Energy (DOE) announced the next round of funding – up to $3.9 billion – for the Grid Resilience and Innovation Partnerships (GRIP) Program. This updated blog outlines essential aspects of the GRIP Program, including its objectives, eligibility criteria, its impact on Municipalities (MUNIs), and the deadline for submitting concept papers for the next round of funding.
What is the GRIP Program?
Spearheaded by the Grid Deployment office, under the DOE, this initiative aims to bolster grid flexibility and improve the resilience of the power system in the face of escalating threats from extreme weather and climate change. Under the visionary Infrastructure Investment and Jobs Act, GRIP stands as a beacon of progress, encouraging transformative investments to fortify our power grid’s resilience and reliability. Over the Fiscal Years FY22-FY26, this groundbreaking Program is poised to invest $10.5 billion, catalyzing vital advancements in grid technology and infrastructure.
The current funding round for FY24 and FY25 could channel a formidable $3.9 billion, fueling many activities and empowering diverse entities to partake in the Program’s three topic areas (shown in the next section). Among these, energy storage, distributed generation, reliability, and resilience are prominent themes, aligning with the mission to create a more flexible and resilient power grid.
GRIP’s commitment to bolstering grid adaptability and security is a testament to the federal government’s dedication to clean and sustainable energy systems. GRIP complements other transformative initiatives like the USDA New ERA and PACE Programs, alongside a wealth of grants and federal tax incentives under the Inflation Reduction Act, as part of a broader drive towards a greener future.
Who qualifies for the GRIP Program?
To qualify for the GRIP Program, entities must meet specific criteria. The Program is open to various stakeholders, including utilities, energy companies, energy storage operators, non-profit organizations, and state and local governments involved in power generation and distribution. Tribal Governments can apply via Tribal Consortium for BIL Section 40101(d).1
How does GRIP impact MUNIs?
MUNIs are pivotal in successfully implementing the GRIP Program. As key participants in the power sector, MUNIs can leverage the Program’s resources and funding opportunities to support clean energy projects and enhance their grid infrastructure. The GRIP Program’s emphasis on resilience and adaptability is particularly beneficial to MUNIs, as it enables them to strengthen their power grids against the mounting challenges posed by extreme weather events and climate change. By participating in the Program, MUNIs can enhance their capabilities to provide reliable electricity to their communities during adverse conditions, safeguarding their residents and critical infrastructure.
What are the critical funding deadlines?
The registration requirements include several one-time actions, including a concept paper, that must be completed before submitting an application. Concept papers are due in January of 2024 with full applications due in April and May of 2024, depending on the topic area.
Why work with Stem?
Partnering with Stem is a strategic move that reaps immediate benefits for your energy portfolio. Seize the opportunity to invest in storage while funding is available, securing long-term advantages. Our award-winning, AI-driven platform enhances reliability and resiliency and optimizes economic outcomes. With a proven track record, Stem boasts expertise in deploying over 3+ GWh across 1,000+ sites and fostering partnerships with 40+ utilities. Experience the power of end-to-end solutions tailored to your needs, bringing your site up to speed and propelling your energy future forward with confidence.
- Webpage: Public Power & Municipal Utilities
- Webinar On-Demand: How Joint Action Agencies and Members can Use Battery Storage to Deliver Value with Clean Energy Projects
- One Pager: Clean Energy Projects for Public Power & Municipal Utilities
Inflation Reduction Act (IRA) Resources
- Video Series: IRA with Stem Experts
- eBook: Clean Energy Project Economics Under the Inflation Reduction Act
- Map: Inflation Reduction Act Map
Stem University Course: Learn How to Stack IRA Incentives