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 Post subject: Energy Dept Releases New Hydropower Vision Report & $9.8MM
PostPosted: Tue Jul 26, 2016 3:41 pm 
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JULY 26, 2016

Energy Department Releases New Hydropower Vision Report and $9.8 Million in Funding to Support the Future of Hydropower in the United States ... ng-support

WASHINGTON – The U.S. Department of Energy (DOE) today released a new report looking at the future of hydropower through 2050. The report, Hydropower Vision: A New Chapter for America’s First Renewable Electricity Source, finds that with continued technology advancements, innovative market mechanisms, and a focus on environmental sustainability, hydropower in the United States (U.S.) could grow from 101 gigawatts (GW) to nearly 150 GW of combined electricity generation and storage capacity by 2050. Achieving this growth would help advance America’s low-carbon economy and leverage renewable energy sources.

“Hydropower has provided clean, affordable, and reliable electricity in the United States for more than a century, and pumped-storage complements today’s rapidly growing variable technologies such as wind and solar. The Hydropower Vision report clearly shows an expanded role for hydropower and pumped storage in our clean energy future,” said Secretary of Energy Ernest Moniz.”

The report highlights key advances in pumped-storage which can create an additional 36 GW of capacity, more than doubling the current capacity of 21.6 GW in the United States. As more of the nation’s electricity comes from wind and solar energy, hydropower and pumped-storage hydropower resources can provide the flexibility and reliability the electricity grid needs to deliver affordable clean energy to American homes and businesses.

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