Energy Department Accepting Applications for a $3.6 Million Hydroelectric Production Incentive Program The Energy Department today announced an incentive program for developers adding hydroelectric power generating capabilities to existing non-powered dams throughout the United States. Hydropower is the nations leading source of renewable energy and helps the country avoid over 200 million metric tons of carbon emissions each year, while providing about 7% of our electricity. More than 80,000 non-powered dams throughout the country provide services such as regulating local waterways and controlling inland navigation. Equipping local, non-powered dams with generating capabilities has the potential to provide up to 12 gigawatts of cost-competitive, renewable energy at a lower cost than creating new powered dam structures, without impacting critical habitats, parks, or wilderness areas. The funding opportunity announced today supports developers who have already added electrical generating capacity to these existing facilities.
Posted on: Thu, 15 Jan 2015 20:37:01 +0000
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