Tuesday,
September 6
September 6
DOE Hydropower Incentive Program RFI
The U.S. Energy Department is due to receive responses to its request for information on the implementation of a $630 million hydropower incentive program pursuant to the 2021 Infrastructure Investment and Jobs Act. The information would assist the department in studying the structure of hydropower incentive programs, selection criteria, timing and distribution of funds, and definitions of capital improvements for the enhancement of hydroelectricity infrastructure. The initiative includes $553.6 million in incentive payments to boost existing hydropower facilities in the areas of grid resiliency, dam safety, and environmental improvements and $75 million to owners or operators who may apply for funding to make capital improvements that can increase efficiency by at least 3 percent. READ MORE