The first round of funding has opened for the $15 million Future Grid Challenge, seeking participants to solve the technical challenges of the integration of renewable energy resources into the New York electric grid.

The funding was announced by Gov. Andrew Cuomo last week, in conjunction with the state's ongoing efforts at a Green New Deal, reports Daily Energy Insider.

Both grid technology companies and research institutions are eligible for funding. In the first round, the solutions should focus on either helping Con Ed advance Distributed Energy Resource monitoring, control, data analytics, and forecasting, or assist Orange and Rockland with improving smart inverter functionality to further integration of distributed resources, improve grid stability, and reduce system losses.

Proposals are due by October 9, 2019.

Source: Daily Energy Insider