Opportunity Information: Apply for DE FOA 0001838
The Department of Energy (DOE), through its Golden Field Office, issued this Notice of Opportunity for Technical Assistance (NOTA) to support in-depth, practical evaluation work for pumped-storage hydropower (PSH) development. Rather than offering a traditional grant where money is passed directly to project developers, this opportunity is designed to fund a technical assistance team that will carry out a set of rigorous studies for two selected PSH projects. In other words, the value of the award is delivered as expert analytical services and study products, not as cash reimbursements or construction funding for applicants.
The core purpose is to perform comprehensive techno-economic studies and related market and financial analyses that clarify the long-term costs and benefits of proposed PSH facilities. DOE is looking for analyses that help quantify what a PSH project is worth to the electric grid and how that value shows up (or fails to show up) under current power market rules. The required work includes techno-economic assessment, power market analysis, financial analysis, and an overall valuation analysis. These studies are meant to give PSH developers and stakeholders credible estimates of project value across multiple grid services, including bulk power and storage capacity contributions, energy arbitrage potential (buying electricity when prices are low and generating when prices are high), ancillary services value (such as regulation and reserves), and broader system impacts such as power system stability and transmission-related benefits.
A major theme of the NOTA is the gap that can exist between a project’s economic value to the grid and the actual revenue streams available to the project under existing market structures. The studies will explicitly investigate and compare PSH financial revenue opportunities in today’s markets against the broader grid value PSH can provide. This focus signals DOE interest in identifying whether PSH benefits are fully compensated through current pricing mechanisms, or whether some benefits remain difficult to monetize even if they are real and significant for reliability, flexibility, and integration of variable renewable generation.
The total technical assistance value is stated as $3,000,000, and DOE anticipates making two awards, corresponding to support for two selected PSH projects. The listing notes an expected award ceiling of 2, which aligns with the plan to select two projects for analysis under this effort. Importantly, the announcement emphasizes that there is no direct financial assistance available to applicants under this NOTA; DOE will fund the team or organization(s) providing the technical assistance work rather than issuing funds directly to project sponsors for development activities.
Eligibility is broad and includes a wide range of potential applicants and team leads: state, county, and local governments; special district governments; public and private institutions of higher education; federally recognized tribal governments and other tribal organizations; public housing authorities/Indian housing authorities; nonprofit organizations with or without 501(c)(3) status; for-profit organizations (including entities other than small businesses); and small businesses. Federal agencies and federally funded research and development centers (FFRDCs) are explicitly not eligible. This structure allows universities, consultants, national-lab-adjacent entities that are not FFRDCs, engineering firms, nonprofits, and other qualified organizations to compete to provide the analytical capabilities DOE is seeking.
Administratively, the opportunity is identified as Funding Opportunity Number DE FOA 0001838 and is categorized as discretionary, with the funding instrument type listed as "Other" rather than a standard grant or cooperative agreement format. The activity area is energy, with CFDA number 81.087. The original posting date is April 27, 2018, with an original closing date of July 12, 2018. Applications must be submitted electronically through the EERE eXCHANGE portal (https://eere-exchange.energy.gov), and applicants are required to register and create an account before submitting. DOE also points applicants to the EERE eXCHANGE user guide (available after login at https://eere-exchange.energy.gov/Manuals.aspx) and notes that the full NOTA includes specific points of contact and instructions for submitting content questions and technical submission questions.
In practical terms, this NOTA is best understood as a DOE-sponsored deep-dive due diligence effort aimed at clarifying PSH project economics and grid value. For the two selected projects, the resulting deliverables should help developers, utilities, regulators, and market participants better understand how PSH can be valued across energy, capacity, and reliability services, and how those benefits compare to the revenues that current market designs can realistically provide.Apply for DE FOA 0001838
- The Department of Energy, Golden Field Office in the energy sector is offering a public funding opportunity titled "Notice of Opportunity for Technical Assistance for Techno-Economic Studies of Pumped-Storage Hydropower" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 81.087.
- This funding opportunity was created on Apr 27, 2018.
- Applicants must submit their applications by Jul 12, 2018 Federal agencies and federally funded research and development centers (FFRDCs) are not eligible.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $2.00 in funding.
- The number of recipients for this funding is limited to 2 candidate(s).
- Eligible applicants include: State governments, County governments, City or township governments, Special district governments, Public and State controlled institutions of higher education, Native American tribal governments (Federally recognized), Public housing authorities/Indian housing authorities, Native American tribal organizations (other than Federally recognized tribal governments), Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education, Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education, Private institutions of higher education, For profit organizations other than small businesses, Small businesses.
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