21 Jan '15, 7pm

US Energy Department announces hydroelectric production incentive program .: $3.6 funding opportunity supports...

The Energy Department today announced an incentive program for developers adding hydroelectric power generating capabilities to existing non-powered dams throughout the United States.1 As outlined in Section 242 of the Energy Policy Act of 2005, $3.6 million in funding is available for incentive payments to owners or operators of qualified hydroelectric facilities based on the number of kilowatt hours of hydroelectric energy generated by the facility in calendar year 2013. Qualified applicants may receive up to 2.3 cents per kilowatt hour for hydroelectric energy generated by the facility during the incentive period. Qualified owners or operators who have added hydroelectric generation to a non-powered dam or conduit after 2005 --and where the facility was built prior to 2005 -- are eligible to apply. According to the Department of Energy, equipping local, non-powered dams...

Full article: http://www.renewableenergyfocus.com/view/41185/us-energy-...

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