The U.S. Department of Energy (DOE) will make $80 million in grant funding available to small- and medium-sized manufacturers (SMMs) to help them adopt technologies and practices that will improve energy efficiency. The funding, made possible by the Bipartisan Infrastructure Law, is designed to help manufacturers lower costs and reduce emissions.
Here’s how the program works. Through the DOE’s Industrial Assessment Center (IAC) and Combined Heat and Power Technical Assistance Partnership (CHP TAP) programs, SMMs are given a free assessment that offers recommendations on how to lower operating costs and reduced carbon and non-carbon pollution emissions. According to the DOE, the Industrial Assessment Center Implementation Grant Program will provide up to $300,000 in funding per company, with the SMMs paying for at least half of each project.
In a recent quote, U.S. Secretary of Energy Jennifer M. Granholm said, “Small- and medium-sized manufacturers will play a major role in increasing domestic production of technologies and materials that will position the U.S. to lead the global clean energy transition. President Biden’s Investing in America agenda is enabling facilities across the country to increase energy efficiency, cut costs, and contribute to a clean energy economy that works for all.”