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Funding from President Biden’s Investing in America Agenda Helps 37 New Small-and Medium-sized Producers to Enhance Vitality Effectivity, Decrease Prices, Enhance Productiveness, and Scale back Industrial Emissions
WASHINGTON, D.C. — As a part of President Biden’s Investing in America agenda, the U.S. Division of Vitality (DOE) in the present day introduced greater than $7.3 million from the Industrial Evaluation Facilities (IAC) Implementation Grants program for 37 small- and medium-sized producers (SMMs) throughout the nation to make enhancements at their services to save lots of power, scale back local weather air pollution, and strengthen our home manufacturing sector. DOE additionally introduced that the IAC program is open for added purposes, making certain SMMs can proceed to use for grants all through the subsequent yr. Supported by President’s Bipartisan Infrastructure Legislation and administered by DOE’s Manufacturing and Vitality Provide Chains Workplace (MESC), the IAC Implementation Grants program supplies as much as $300,000 per producer per funding spherical to implement suggestions made by DOE and different certified power assessments. The initiatives are anticipated to abate about 17,000 tons of carbon dioxide emissions per yr, equal to about 70 small companies’ annual emissions. Right this moment’s bulletins reinforce the Biden-Harris Administration’s efforts to revitalize American manufacturing, create good-paying jobs in communities throughout the nation, advance power and environmental justice via the President’s Justice40 Initiative, and meet the President’s bold aim of a net-zero economic system by 2050.
“The clean energy transition presents a world of new opportunities for the American workforce,” stated U.S. Secretary of Vitality Jennifer M. Granholm. “The Biden-Harris Administration is training the next generation of workers to enable small-and-medium sized manufacturers to increase their energy efficiency all while lowering costs and reducing emissions.”
These investments in clear home manufacturing current an important alternative to rework industrial techniques to assist clear air, elevated manufacturing competitiveness, and good-paying union jobs in industrial communities whereas advancing President Biden’s bold local weather technique. The grants introduced in the present day will assist SMMs, which comprise greater than 90% of the nation’s manufacturing base, leverage federal assist and native experience to determine cost-effective alternatives to enhance power effectivity, improve competitiveness, and scale back emissions.
For greater than 4 a long time, the IAC Program, managed by MESC, has supplied greater than 21,000 power assessments at SMMs and usually determine greater than $150,000 in potential annual power financial savings alternatives for each producer.
This spherical of 37 implementation grants might be supported by $7.3 million in grant funding that might be matched by virtually $20 million in trade funding. The grants assist all kinds of initiatives, together with onsite photo voltaic, battery storage expertise, and waste warmth restoration system installations; enhancements for lighting, heating, air flow, and air-con; electrifying industrial gear and fleets; and extra. Fourteen initiatives will profit deprived communities by lowering greenhouse fuel emissions and non-greenhouse fuel co-pollutants and supporting native jobs, underscoring President Biden’s dedication to make sure that the communities most in want are in a position to profit from the transition to a clear power future. This program advances President Biden’s Justice40 Initiative, which set the aim that 40 p.c of the general advantages of Federal local weather, clear power, and different lined investments movement to deprived communities which are marginalized by underinvestment and overburdened by air pollution.
Underneath the Biden-Harris Administration, 115 companies throughout 34 states have been chosen to obtain a mixed complete of greater than $17 million via the IAC program to implement power saving enhancements, matched by virtually $40 million in trade funding. These enhancements are anticipated to save lots of $11.3 million in annual power financial savings and abate about 27,000 tons of carbon dioxide emissions per yr.
Choice for award negotiations shouldn’t be a dedication by DOE to situation an award or present funding. Earlier than funding is issued, DOE, its partnership middleman ENERGYWERX, and the candidates will bear a negotiation course of, and DOE and ENERGYWERX might cancel negotiations and rescind the choice for any motive throughout that point.
Be taught extra in regards to the grants right here.
Grant Funding Alternative Open for 12 months-Spherical Purposes
The IAC Implementation Grants funding alternative is a rolling alternative that’s presently open with a complete preliminary funding envelope of $80 million. Eligible SMMs might submit purposes for implementation grants at any time all through the subsequent yr (as funds can be found) and DOE will evaluate quarterly. The present spherical utility deadline is July 1, 2024. Purposes will instantly reopen on July 2, 2024, for each producers looking for grants and evaluation suppliers looking for qualification as “IAC-equivalent” with a following deadline of October 1, 2024. To study extra in regards to the utility course of and to use, click on right here.
Beginning July 1st, 2024, the IAC Implementation Grants funding alternative permits for eligible SMMs to obtain a as much as $300,000 of grant funding per undertaking, fairly than per entity. A number of grants per quarter per entity are allowable, supplied every grant is devoted solely to a singular undertaking from a qualifying evaluation. Eligible SMMs which have already acquired $300,000 in previous funding rounds are eligible to use for added grant funding to implement eligible new initiatives. (Observe: for SMMs who apply for an award that places them over $300,000 of complete grant funding, the brand new utility should focus solely on evaluation suggestions that haven’t been the main focus in earlier awards.)
The IAC Program crew will proceed holding month-to-month “office hour” classes to reply questions in regards to the implementation grant program and utility. To register for the subsequent session, which might be held on July 11, 2024, from 1:00-2:00 pm EST, please click on right here.
Click on right here to inquire about receiving a no-cost IAC evaluation, right here for extra info on receiving a CHP/Onsite Vitality TAP evaluation, and right here to study extra about certified third-party assessors. MESC is working with ENERGYWERX to execute the IAC Implementation Grant program. DOE is working with ENERGYWERX in a collaboration made potential via an modern Partnership Middleman Settlement (PIA) arrange by the DOE’s Workplace of Expertise Transitions (OTT). This settlement allows ENERGYWERX to broaden DOE’s engagement with modern organizations and non-traditional companions, facilitating the fast growth, scaling, and deployment of unpolluted power options.
Be taught extra in regards to the MESC mission to strengthen and safe manufacturing and power provide chains wanted to modernize the nation’s power infrastructure and assist a clear and equitable power transition.
Courtesy of Division of Vitality.
