Avangrid Subsidiary Awarded $31.8M Federal Grant to Deploy Cutting Edge Grid Technology
18 Octubre 2024 - 6:30AM
Business Wire
Grant from U.S. Department of Energy brings
Central Maine Power and Avangrid’s total federal awards for Maine
to nearly a half billion dollars in one year
When deployed, smart grid technologies will
help connect more renewable energy to Central Maine Power’s
electric grid
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and member of the Iberdrola Group, announced today that Central
Maine Power (CMP) has been awarded $31.8 million in federal funding
to deploy innovative technologies to create a more modern and
dynamic power grid to support the deployment of renewable energy in
Maine. This grant was awarded through the U.S. Department of
Energy’s Grid Resilience and Innovation Partnerships (GRIP) program
and is funded by the Bipartisan Infrastructure Law.
These initiatives are being driven at the state-level in Maine
by the Flexible Interconnections and Resilience for Maine (FIRM)
project, led by the Governor’s Energy Office, part of the
administration of Governor Janet Mills. Specifically, this funding
will be used to deploy Active Network Management (ANM) and Dynamic
Line Rating (DLR). Together, these smart grid technologies will
help connect more renewable energy to the power grid while also
protecting it from overloading.
“Our ability to connect more clean, affordable energy to Maine’s
power grid is critical to meeting the state’s climate goals,”
said Pedro Azagra, Avangrid CEO. “Over the past year, CMP
and Avangrid have received nearly a half billion dollars in federal
awards that will directly benefit our customers. I want to extend
our gratitude to Governor Mills, Secretary Granholm, and Maine’s
Congressional Delegation for their ongoing support as we continue
to combat extreme weather and build smarter, stronger, and more
resilient energy infrastructure for Maine.”
“In order to reduce our dependence on fossil fuels and embrace
clean energy, we must make sure that Maine has a strong electrical
grid that can accept power from multiple sources and deliver it
efficiently and reliably to Maine people and businesses,” said
Governor Janet Mills. “That’s why my Administration, through
innovative projects like these, is focused on working with Maine’s
utilities to strengthen and modernize our electrical
infrastructure. We want to build the grid of the future, and
programs like this – with Federal support – are moving us in that
direction. I thank Maine’s Congressional Delegation and the
Biden-Harris Administration for their support and for this
investment, which was made possible through the Bipartisan
Infrastructure Law.”
This grant from the U.S. Department of Energy brings Central
Maine Power and Avangrid’s total federal awards to nearly a half
billion dollars in one year.
- October 2024: Flexible Interconnections and Resilience for
Maine (FIRM). Central Maine Power was selected to receive a
$31.8 million grant to support smart grid technologies that will
help connect more renewable energy to the power grid while also
protecting it from overloading.
- September 2024: Aroostook Renewable Project. Avangrid
was selected to receive a $425 million capacity contract, one of
the largest federal energy investments in Maine’s history. The
award will support transmission line development and help unlock
high-quality renewable energy for the region.
- July 2024: Shaw Mill Project. Central Maine Power was
selected to receive a $1.6 million grant to install upgraded grid
measures and switching devices to enhance reliability for local
communities in Maine.
- October 2023: Enhancing Utility Resilience in America's Most
Forested State. Central Maine Power was selected to receive a
$30.3 million grant to deploy Smart Grid technologies including
advanced grid restoration (AGR), sequential reclosing (SR), and
supervisory control and data acquisition (SCADA) switches.
Together, these are innovative technologies designed to reduce the
frequency and impact of outages to Maine’s communities.
“A strong, modern electrical grid is essential for unlocking
affordable, reliable, clean energy for Maine people,” said Dan
Burgess, Director of the Maine Governor’s Energy Office.
“Though this award, the FIRM project will deliver cutting edge
technologies that will expand grid capacity and allow for more
flexible management of clean energy resources while growing Maine’s
clean energy workforce through training opportunities,
apprenticeships, and job creation.”
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be
the leading sustainable energy company in the United States.
Headquartered in Orange, CT with approximately $46 billion in
assets and operations in 24 U.S. states, Avangrid has two primary
lines of business: networks and renewables. Through its networks
business, Avangrid owns and operates eight electric and natural gas
utilities, serving more than 3.3 million customers in New York and
New England. Through its renewables business, Avangrid owns and
operates a portfolio of renewable energy generation facilities
across the United States. Avangrid employs approximately 8,000
people and has been recognized by JUST Capital as one of the JUST
100 companies – a ranking of America’s best corporate citizens – in
2024 for the fourth consecutive year. In 2024, Avangrid ranked
first among utilities and 12 overall. The company supports the
U.N.’s Sustainable Development Goals and was named among the
World’s Most Ethical Companies in 2024 for the sixth consecutive
year by the Ethisphere Institute. Avangrid is a member of the group
of companies controlled by Iberdrola, S.A. For more information,
visit www.avangrid.com.
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Media: Jon Breed jonathan.breed@avangrid.com (207)
458-3510
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