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Innovative DEsigns for high-performAnce Low-cost HVDC Converters (IDEAL HVDC)

Federal Agency

Sub-Department

Office of Energy Efficiency and Renewable Energy (EERE), Wind Energy Technologies Office (WETO), Office of Electricity (OE)

Purpose

To invest in research and development to support continued innovation and cost reduction for high-voltage direct current (HVDC) voltage source converter (VSC) transmission systems.

Applicant and/or Project Eligibility Requirements

More information forthcoming, but based on the notice of intent, institutions of higher education may be eligible applicants.

Decarbonization Considerations

HVDC can increase the power grid’s capacity to receive, transmit, and deliver energy more efficiently than existing solutions. HVDC transmission can improve grid resilience, security, and operation flexibility. It can also accommodate the integration of renewable energy to reach the nation’s goal of carbon neutrality and help reduce the cost of transmitting electricity over long distances.

Equity Considerations

See the "Equity Design Considerations for Federal Funding" for general considerations and additional sector-based resources: https://cityrenewables.org/resources/equity-design-considerations-for-federal-funding/

Helpful Tips

Learn more about the HVDC CORE initiative here: https://www.energy.gov/oe/hvdc-cost-reduction-core-initiative?utm_medium=email&utm_source=govdelivery

Other Notes

N/A

Deadline (Announced or Anticipated)

November 13, 2023 (Concept Paper); Februrary 5, 2024 (Full Application)

Funding Available

$10,000,000

Max Award Amount

$3,300,000

Expected Allocations

3-4

Average Award (Estimated)

$2,800,000

Matching Funds

20% cost share required

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