DOE taking applications for hydropower incentive money

The U.S. Department of Energy (DOE) is publishing Guidance for the EPAct 2005 Section 242 Program, which goes to hydroelectric operators.

The guidance describes the hydroelectric incentive payment requirements and explains the type of information that owners or authorized operators of qualified hydroelectric facilities can provide DOE when applying for hydroelectric incentive payments, said DOE in a notice to be published in the Jan. 20 Federal Register. This incentive is available for electric energy generated and sold for a specified 10-year period as authorized under section 242 of the Energy Policy Act of 2005.

In Congressional appropriations for Federal fiscal year 2014, DOE received funds to support this hydroelectric incentive program for the first time. At this time, DOE is only accepting applications from owners and authorized operators of qualified hydroelectric facilities for hydroelectricity generated and sold in calendar year 2013. The conference report tothe Fiscal Year 2014 Omnibus Appropriations bill includes $3,600,000 for conventional hydropower under section 242 of EPAct 2005.

DOE will be accepting applications from Jan. 20 for 30 days.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.