Initiative launched to help farmers reduce costs with underutilised renewable technologies
Full details
| Authors & editors | |
| Publisher | Milling & Grain |
| Year of publication | 2024 February 27 |
| Languages | |
| Medium | Digital |
| Edition | 1 |
| Topics | Generation of Electricity > Windpower |
| Tags | |
| Scope & content | The US Department of Agriculture (USDA) and the US Department of Energy (DOE) today are launching a new initiative to help farmers cut costs and increase income using underutilised renewable technologies including smaller scale wind projects. Through the Rural and Agricultural Income & Savings from Renewable Energy (RAISE) initiative, USDA is setting an initial goal of helping 400 individual farmers deploy smaller-scale wind projects using USDA’s Rural Energy for America Program (REAP). This goal is only possible because of President Biden’s Inflation Reduction Act which provided more than $144 million in grant funding for underutilised technologies through the REAP program. Additionally, today DOE is announcing a total of $4 million in related funding, including $2.5 million to support the testing, certification and commercialisation of the lates distributed wind technologies including for the agricultural sector, and $1.5 million to support outreach and the identification and development of new business model for farmers to save money and earn income deploying these technologies. |
| Web URL | https://millingandgrain.com/initiative-launched-to-help-farmers-reduce-costs-with-underutilised-renewable-technologies/ |