Infrastructure Investment Act Funding - What You Need to Know

Infrastructure Investment Act Funding — What You Need to Know

The opportunity to transform your transmission grid is here… and federal funding is available!

Federal funding is now available to modernize the power grid through grid enhancing technologies.

Grid-related provisions within the Infrastructure Investment and Jobs Act (IIJA) are moving toward implementation and LineVision is excited for the opportunity to work with our power utility partners on high-impact projects that are eligible to leverage available federal funding.

Together, we can save ratepayer and taxpayer money while enhancing the resilience and reliability of a cleaner grid. Grid enhancing technologies like dynamic line ratings will play a critical role in helping to unlock the capacity and increase the resilience of existing grid so we can successfully accelerate the clean energy future.

Below we have outlined some of the key funding opportunities and created an overview guide for your reference.

$5 Billion — Section 40101: Preventing Outages & Enhancing the Resilience of the Electric Grid

  • Supplements existing hardening efforts / wildfire prevention

$6 Billion — Section 40103: Electric Grid Reliability and Resilience Research, Development and Demonstration

  • Creates a new program, “Upgrading Our Electric Grid and Ensuring Reliability and Resiliency”
  • Will demonstrate innovative approaches to harden and enhance resilience and reliability of grid infrastructure

$2.5 Billion — Section 40106: Transmission Facilitation Program

  • Priority funding goes to projects that use “hardware or software that enables dynamic line ratings”

$3 Billion — Section 40107: Deployment of Technologies to Enhance Grid Flexibility; Smart Grid Investment Program

  • Specifically mentions Grid Enhancing Technologies (GETs) such as Dynamic Line Rating (DLR) as a qualified investment.

For Sec 40107, the Secretary of Energy Advisory Board recommended to direct “most of the program funds to add intelligence, control and capability to the bulk transmission grid,” specifically toward GETs.

LineVision delivers these benefits through our non-contact sensor platform that provides three data-driven solutions, each of which addresses a specific need:

LineAware

Situational Awareness — Ensure lines are within safe operating limits with real-time alerting on threats to grid reliability or public safety

LineRate

Advanced Line Ratings — Reliably and safely increase capacity on transmission lines by up to 40% with Ambient Adjusted and Dynamic Line Ratings

LineHealth

Asset Health Insight — Improve asset management by using digital twin models to understand conductor health and prioritize maintenance of critical assets

The need to increase grid capacity, reliability, and resilience are critically important to creating a net-zero grid, and utilizing federal funding to deploy technology solutions like LineVision is a timely and cost-effective way to benefit from these grid modernization funding opportunities.

As additional information becomes available regarding the timing and application process for SGIG and these other programs, we look forward to providing more information on how to take advantage of this historic opportunity.

Please Contact us for Additional Information

Written by Hilary Pearson, Senior Director, Governmental and Regulatory Affairs at LineVision