Interconnection Queue Software: A ~$100M Market

29,000+ projects. 1,500+ GW. 3,000+ utilities. The US grid interconnection queue is the largest infrastructure bottleneck in the energy transition — and the software to manage it is barely penetrated.

Sources: DOE GRIP filings, ISO/RTO public budgets, FERC filings, LBNL Queued Up 2025, utility press releases

The Bottleneck

Projects wait 3-5 years in queue. 70%+ are withdrawn before completion. The system is broken.

29,000+
Projects in Queue
Across 7 ISOs + non-ISO utilities
1,500+
GW Queued
5x total US installed capacity
~15%
Completion Rate
85% of projects never get built
41 mo
Avg Wait Time
3.5 years from application to service

Total Addressable Market

Interconnection software spans transmission (7 ISOs) and distribution (3,000+ utilities)

T
Transmission Interconnection
~20% of volume | Higher-value contracts
7 ISO/RTOs~$12M
~50 transmission-owning utilities~$30M
Transmission Total~$42M
Rationale: ISO/RTO combined operating budgets total $2.2B/yr (public filings). IC queue is one of ~20 major software functions. At ~0.5% of budget, IC software spend across ISOs = ~$12M.
GridUnity: $49.5M DOE GRIP grant + $49.5M utility cost share = $99M total investment (DOE press release, Oct 2024).
D
Distribution Interconnection
~80% of volume | 3,000+ utilities
~170 IOUs with DER programs~$30M
~500 munis/co-ops with DER volume~$20M
Distribution Total~$50M
Rationale: PowerClerk (Clean Power Research) serves 80+ utilities and 14 of top 15 US IOUs (per company press releases). 2M+ DER applications processed.
~800K residential solar systems installed in 2023 alone (EIA). Each creates an IC application at the distribution level.
IC Queue Software TAM (bottoms-up):~$100M
Based on ~0.5% of ISO budgets for transmission + PowerClerk-comparable ACVs for distribution. Expands with adjacent capabilities (study automation, data products).
Sources: ISO/RTO published budgets 2024-2026. PowerClerk customer count from company press releases. DOE GRIP award (PR Newswire, Oct 2024).
$2.2B/yr
ISO/RTO combined budgets
Public filings 2025
$99M
DOE GRIP investment in GridUnity
$49.5M grant + $49.5M match
2M+
DER apps processed (PowerClerk)
Company press release 2024

Where the Opportunity Is

Three expansion vectors ordered by near-term revenue potential

1

Southeast Non-ISO Utilities

Southern Co | Duke Energy (3 territories) | TVA | FPL | Santee Cooper

The Southeast is the only major US region with no RTO/ISO oversight — each utility runs its own interconnection process independently. Duke Energy Carolinas has 50+ GW in queue (larger than NYISO and ISO-NE combined), managed through PDFs posted on OASIS. Southern Company's 240 active requests are tracked via a Power BI dashboard we scraped with Puppeteer — that's their "queue management system." FERC Order 2023 (issued July 2023, compliance deadlines rolling through 2025-2026) requires all transmission providers — including non-ISO utilities — to adopt cluster study processes, first-ready first-served rules, and commercial readiness deposits. These utilities have never had software to support any of this.

80+ GW
SE Queue
5+
Major Utilities
0
Software Deployed
2

PJM Interconnection

9,251 entries | 13 states + DC | $400M annual operating budget

PJM is the largest electricity market in the world by peak load (165 GW) and has the deepest interconnection queue (9,251 entries per our scraper). In June 2024, PJM implemented a "transition period" under FERC Order 2023 — pausing new queue intake while redesigning their study process. This means PJM is actively evaluating new queue management tools right now. They currently use a homegrown "New Services Queue" portal. The AEP transmission zone alone has 30 GW / 500 projects in backlog. Northern Virginia's data center corridor (Loudoun County) is driving 10+ GW of new load interconnection requests that require the same queue infrastructure. PJM's $400M/yr operating budget (2025 public filing) means a $1-2M software contract is <1% of their spend.

9,251
Queue Entries
$400M
Budget/yr
54 mo
Avg Wait
3

Distribution Interconnection

3,000+ utilities | ~80% of all IC applications by count

The EIA reports 800K+ residential solar systems installed in 2023 alone — each requires an interconnection application at the distribution utility level. Add community solar, commercial rooftop, battery storage, and EV charging, and distribution IC volume dwarfs transmission. Most of the 3,000+ distribution utilities in the US handle these applications via email, PDFs, and spreadsheets. PowerClerk (Clean Power Research) serves 80+ of them and has processed 2M+ applications over 20+ years. FERC Order 2222, issued September 2020, requires ISOs/RTOs to allow distributed energy resource (DER) aggregations as small as 100 kW to participate in wholesale electricity markets. Implementation has been slow (compliance deadlines extended multiple times), but as states adopt it, every rooftop solar + battery system becomes a potential wholesale market participant — requiring more rigorous interconnection studies than a simple net metering application. This transforms distribution IC from paperwork into engineering workflow.

3,000+
Utilities
800K+/yr
Solar Installs
~$50M
TAM

Competitive Landscape

Fragmented market — no player owns both transmission and distribution

CompanyFocusCustomersData MoatKey StrengthKey Gap
GridUnityTransmission queue workflowCAISO, SPP, MISO, ISO-NE, SCE, XcelVery HighOnly vendor processing ISO-scale cluster studies; $49.5M DOE grant3 ISOs + 50 non-ISO utilities + distribution
PowerClerk (CPR)Distribution DER workflow80+ utilities (14 of top 15 IOUs)High2M+ DER apps processed; bootstrapped; 20+ yr utility relationshipsNo ISO/RTO contracts; FERC transmission is new territory
PacesDeveloper siting AI~100 devs (EDF, AES)None$13M+ raised (YC S22); AI feasibility for developersServes developers, not utilities; no queue workflow
GridCAREDC load interconnectionPGE, PG&E, National GridLow$13.5M seed; Stanford founders; unlocked 80+ MW at PGEConsulting model; data center niche only
Emerald AIDC demand flexibilityNVIDIA, AES, ConstellationLow$42.5M raised; NVIDIA integration; demand-side load shiftingNot IC software — makes DCs flexible, doesn't manage queues
Interconnection.fyiQueue data productDevelopers, investorsLow50k projects aggregated; daily updates; clean UIPublic data repackaged; no utility workflow; no switching cost
GridsightDistribution digital twinAU utilities, Xcel, SMUDMedium$7.5M Series A; AI powerflow; 4.2+ GW DER modeledAustralia-first; analytics layer, not queue management
GRIDUNITY
FocusTransmission (ISO/RTO/TO)
CustomersCAISO, ISO-NE, MISO, SPP, Southern Co, SCE, Xcel
Scale50%+ US population, 37 states
Funding$49.5M DOE GRIP + $49.5M cost share = $99M
ExpansionLaunched GridInterConnect for Distribution (2025)
FERC 2023Core competency — built for transmission reform
EdgeOnly company processing ISO-scale cluster studies
POWERCLERK (CLEAN POWER RESEARCH)
FocusDistribution (DER, rooftop solar, EV)
Customers80+ utilities — Georgia Power, Eversource, Con Ed, NV Energy, APS
Scale2M+ applications processed, $6B+ incentives
FundingBootstrapped; ~129 employees (LinkedIn)
ExpansionAPS FERC generator IC case study (moving upstream)
FERC 2023Adding transmission workflows for utility compliance
EdgeDeepest distribution utility relationships; no-code platform
Both expanding into each other's territory. A combined entity would own 100% of the IC software stack from rooftop solar to utility-scale wind.

Strategic Acceleration

Three moves that would materially expand GridUnity's addressable market

ACQUIRE

Clean Power Research (PowerClerk)

PowerClerk is the only other company with deep, multi-decade utility relationships in interconnection software. They own distribution (80+ utilities, 14 of top 15 IOUs, 2M+ applications processed). GridUnity owns transmission (4+ ISOs). No other combination creates a platform that manages interconnection end-to-end — from a homeowner's rooftop solar application to a 500 MW wind farm's cluster study. Both companies are already expanding into each other's territory (PowerClerk added FERC generator IC at APS; GridUnity launched GridInterConnect for Distribution in 2025). An acquisition preempts the collision and captures both sides of a ~$100M market.

TAM unlock: ~$50M distribution segment
Synergy: Combined customer base covers 80%+ of US utility IC volume
Risk: Different platform architectures; cultural integration
PARTNER

Southeast Utility Engineering Firms

The Southeast non-ISO market (Southern Co, Duke, TVA, FPL) represents ~$30M in TAM but has zero modern IC software adoption. These utilities don't respond to cold outreach from SaaS vendors — they work through established engineering and consulting relationships (Burns & McDonnell, Black & Veatch, Quanta, etc.). A channel partnership with a firm that already has procurement relationships at Duke and Southern Company would bypass the 18-24 month enterprise sales cycle. The FERC Order 2023 compliance deadline creates urgency — these utilities must implement cluster study processes by 2025-2026 and have no software to do it.

TAM unlock: ~$30M non-ISO transmission
Synergy: Engineering firms validate technical credibility with utilities
Risk: Channel economics reduce margin; partner dependency

Macro Tailwinds

Every trend accelerates interconnection queue volume and the need for software

FERC 2023

Mandates queue reform at every transmission provider. Creates compliance urgency for non-ISO utilities that have never used modern IC software.

IRA

$369B in clean energy incentives driving unprecedented project development. Solar + storage queue submissions up 4x since 2020.

Data Centers

AI/cloud driving 10+ GW of new load interconnection requests. Northern Virginia alone has more queue pressure than most ISOs.

FERC 2222

Opens wholesale markets to distributed energy resources. Every rooftop solar + battery becomes a potential queue entry.