The US Department of Energy (DOE) has revealed plans to bolster the nation’s hydroelectric power infrastructure.
The DOE announced the selection of 46 hydroelectric power projects across 19 states to receive up to $71.5m in incentive payments to enhance the efficiency of existing hydropower facilities.
This initiative, administered by the Grid Deployment Office and funded by the Bipartisan Infrastructure Law, marks the DOE’s largest investment in hydroelectricity facilities.
The critical role of hydroelectric power in renewable electricity generation
Hydroelectric power presently accounts for 27% of renewable electricity generation in the US and 93% of all utility-scale energy storage capacity.
Beyond electricity generation, the US hydroelectric fleet and associated reservoirs play essential roles in water supply, flood control, and recreation.
Enhanced efficiency in water usage for electric generation will further improve the fleets’ ability to manage the nation’s waters effectively.
Hydropower plays a crucial role in achieving the US’ ambitious clean energy objectives. The incentive programme received significant interest from the industry, with applications totalling $192m in federal support.
The selected improvements are expected to attract $468m in combined federal and private investment. With the average age of selectee facilities at 75 years, these upgrades will contribute to the continued operation and longevity of hydroelectric power assets.
Jennifer Granholm, US Secretary of Energy, commented: “Thanks to the President’s Investing in America agenda, we are maintaining and expanding our hydropower fleets, helping reduce costs of operation and ensuring American workers continue to drive the nation’s clean energy transition.”
Supporting a reliable electricity grid
Investments under the Hydroelectric Efficiency Improvement Incentives will bolster the operation of the US hydropower fleet, ensuring a more reliable and resilient electric grid system.
Owners or operators of hydroelectric power facilities will make capital improvements to enhance efficiency by an average of 14%, with a statutory minimum of 3% improvement per facility. These investments include upgrades to turbines, generators, and water conveyance structures.
A public webinar is scheduled for February 7, 2024, at 1:00 pm ET to provide an overview of the Hydroelectric Efficiency Improvement Incentives selections and key trends identified.
Registration is required, and a recording of the webinar will be available later. Interested individuals can register on the DOE’s website.
Part of a wider hydropower strategy
The Hydroelectric Efficiency Improvement Incentives form part of a broader strategy funded by the Bipartisan Infrastructure Law to maintain and enhance existing hydroelectric facilities.
Other programme offerings include Hydroelectric Production Incentives and Maintaining and Enhancing Hydroelectricity Incentives, aimed at promoting clean, renewable electricity generation, ensuring grid resiliency, enhancing dam safety, and reducing environmental impacts.
