The U.S. Department of Energy’s Grid Deployment Office on Oct. 9 announced 39 hydropower facilities throughout the country will receive more than $12 million in incentive payments for electricity generated and sold in calendar year 2023. Public power utilities are included among the recipients of the payments.

The PJM Interconnection and its members have adequate resources to serve the forecasted demand for electricity this winter under expected conditions, although reserve margins continue to shrink with continued generator retirements and increasing demand, the grid operator said on Oct. 14.

GM Energy recently launched the GM Energy PowerBank, a stationary storage product that gives EV owners the power to store and transfer energy from the grid, and the option of integrating with solar power equipment.

As of 9 a.m. Sunday morning, public power utilities have restored power to more than 95 percent of customers in Florida who experienced outages from Hurricane Milton, the Florida Municipal Electric Association reported on Oct. 13.

The North American Electric Reliability Corporation has launched a Large Loads Task Force in order to ​​​​​​​​​​​better understand the reliability impact of emerging large loads such as data centers and hydrogen fuel plants and their impact on the bulk power system.

Form Energy recently announced a $405 million Series F financing round led by T. Rowe Price. The Series F brings Form Energy’s total funds raised to date at over $1.2 billion.