GFO-22-302 – Valuation of Investments in Electricity Sector Resilience

Departmental Grant ID:
GFO-22-302
Portal ID:
15458
Status:
Active
Opportunity Type:
  • Grant
Last Updated:
Categories:

Details

Purpose:

The purpose of this solicitation is to fund applied research to collect data and apply methods that contribute to the practical understanding and valuation of electricity system resilience for the purpose of guiding investments by Investor-Owned Utilities (IOUs) and informing electricity resilience improvements overall. 

 

Description:

This initiative would contribute to the development of methods for valuation of societal benefits (including economic, public health, and other societal benefits) of customer and grid-resilience investments, such as microgrids, distributed generation, and storage. As a starting point, this research would include analyses of recent historical weather-related events and other situations (e.g., PSPS events) that have precipitated power outages as a basis for understanding the types of impacts that could be valued in the context of climate resilience by state and local governments. It would also evaluate the distribution of these events among ratepayers, with particular consideration of equity concerns and impacts on Disadvantaged Vulnerable Communities (DVCs), as defined by CPUC for the climate-vulnerability context.

Eligibility Requirements

Eligible Applicants:

  • Business
  • Individual
  • Nonprofit
  • Public Agency
  • Tribal Government

This solicitation is open to all public and private entities with the exception of local publicly owned electric utilities. 

Eligible Geographies:

No local publicly owned electric utilities. 

Matching Funding Requirement:

Match funding is required in the amount of at least 5% minimum of the requested project funds. 

Important Dates

The date (and time, where applicable) by which all applications must be submitted to the grantmaker. Time listed as “00:00” equates to midnight.
The date on which the grantor expects to announce the recipient(s) of the grant.
Week of 3/7/2023
The length of time during which the grant money must be utilized.
Until funds expire

Funding Details

The total projected dollar amount of the grant.
$1,200,000
A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display.
Dependent
Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display.
Dependent
Certain grants require that the recipient(s) provide a letter of intent.
No
Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source.
5%
The funding source allocated to fund the grant. It may be either State or Federal (or a combination of both), and be tied to a specific piece of legislation, a proposition, or a bond number.
  • State

Funding Source Notes:

EPIC Program

The manner in which the grant funding will be delivered to the awardee. Funding methods include reimbursements (where the recipient spends out-of-pocket and is reimbursed by the grantor) and advances (where the recipient spends received grant funds directly).
  • Reimbursement(s)

Funding Method Notes:

Funds are disbursed on a reimbursement basis (where the Recipient spends out-of-pocket and is reimbursed by the grantor).

How to Apply

State agencies/departments recommend you read the full grant guidelines before applying.

Resources

For questions about this grant, contact:
Crystal Willis, 1-916-529-1108, Crystal.Willis@energy.ca.gov