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Disaster Response and Mutual Aid
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.
Energy Storage
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.
Electricity Markets
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.
Generation
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.
Generation
Kairos Power and Google have signed a Master Plant Development Agreement, creating a path to deploy a U.S. fleet of advanced nuclear power projects totaling 500 megawatts by 2035, the companies said on Oct. 14.
Reliability
The U.S. Department of Energy has awarded Gainesville Regional Utilities a $47.5 million grant to bolster electric grid resilience, increase funding to community-based programs and support workforce development.
Bonds and Financing
Moody’s Investors Service recently affirmed the Aa2 rating with a stable outlook for Western Minnesota Municipal Power Agency’s power supply revenue and refunding bonds.
Energy Efficiency
California State Treasurer Fiona Ma on Oct. 15 announced a $30 million agreement with the California Energy Commission to expand a popular financing program for home energy efficiency upgrades.
Distributed Energy Resources
Solar Landscape, a commercial and community solar developer, and Walmart announced that Walmart will invest in 74 Solar Landscape community solar projects in Maryland and Illinois.
The following is a transcript of the Sept. 23, 2024, episode of Public Power Now. Learn more about subscribing to Public Power Now at Publicpower.org/Podcasts. Some quotes may have been edited for clarity. Paul Ciampoli Welcome to the latest episode of Public Power Now. I'm Paul Ciampoli, APPA’s