Federal grant · cooperative agreement (b)

Nextera Energy Resources Development, LLC

Demonstrate the Viability of a Zinc-bromide Battery for 10+ Hour Energy Storage. Demonstrate the Competitiveness of a 10-HOUR Continuous Discharge System for Long-duration Energy Storage Applications. Provide Tangible Benefits to Impacted Communities and Workers Aligned With Local Priorities, and Advance Opportunities for Underrepresented Workers and Businesses. Contribute Toward Widespread Adoption of Long-duration Energy Storage by 2030.

Committed

$49.1 Million

Paid to

UEI V8HDTL95N7M5

700 Universe BLVD, North Palm Beach, FL, 33408

Department of Energy

Place

UNITED STATES

Performance

Aug 1, 2024 → Apr 30, 2028

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Energy

Clean Energy Demonstrations to

Nextera Energy Resources Development, LLC

Committed

$49.1 Million

Paid to

Nextera Energy Resources Development, LLC

UEI V8HDTL95N7M5

700 Universe BLVD, North Palm Beach, FL, 33408

Department of Energy

Place

UNITED STATES

Performance

Aug 1, 2024 → Apr 30, 2028

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗