DoE Selects Consumers Energy To Receive Nearly $20M Financial Assistance Award To Deploy New Technology And Provide Real-time Visibility Into Grid
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The Department of Energy (DoE) has selected Consumers Energy to receive nearly $20 million in financial assistance. This funding will be used to deploy new technology that provides real-time visibility into the energy grid.
October 18, 2024 | 11:22 am
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Consumers Energy, a subsidiary of CMS Energy, has been awarded nearly $20 million by the DoE to implement new technology for real-time grid visibility.
The financial assistance from the DoE is a significant investment in Consumers Energy's technology, likely enhancing operational efficiency and innovation. This could positively impact CMS Energy's stock by improving its subsidiary's capabilities and market position.
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