Wednesday, July 1, 2009

Hydropower Funding Available

The Department of Energy announced up to $32 million in funding from the American Recovery and Reinvestment Act to modernize the existing hydropower infrastructure. The department will competitively award funds to a variety of non-Federal hydropower projects that can be developed without significant modifications to dams and with a minimum of regulatory delay.

Projects will be selected in two areas:

-Deployment of Hydropower Upgrades at Projects Greater than 50 MW: These include projects at large, non-Federal facilities (greater than 50 MW capacity) with existing or advanced technologies that will enable improved environmental performance and significant new generation.

-Deployment of Hydropower Upgrades at Projects Less than 50 MW: These include projects at small-scale non-Federal facilities (less than 50 MWs) with existing or advanced technologies that will enable improved environmental performance and significant new generation.

Letters of intent are due July 22nd, 2009, and completed applications August 20th, 2009. The complete Funding Opportunity Announcement number, DE-FOA-0000120, can be viewed at FedConnect.net. Projects are expected to begin in Fiscal Year 2010.

You can read the full Department of Energy news release here.

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