Energy Interests Ask Congress to Support Hydropower
Energy Interests Ask Congress to Support Hydropower
- Institutional AuthorsAdvanced Hydro SolutionsALLETE/Minnesota PowerAlstom Power, Inc.Ameren UEAmerican Electric PowerAmerican HydroAmerican Municipal PowerAvista Corp.Brookfield Renewable PowerChelan County Public Utility DistrictEagle Crest Energy CompanyGrant County Public Utility DistrictHCI PartnersHDR|DTAHydro Green EnergyKleinschmidt AssociatesMead and HuntMWH Americas, Inc.Natel EnergyNextEra Energy ResourcesNorth American HydroPacific Gas and Electric CompanySantee CooperSnohomish County Public Utility DistrictSteel-Fab, Inc.Voith Hydro
- Code Sections
- Subject Area/Tax Topics
- Industry GroupsEnergy
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2010-16088
- Tax Analysts Electronic Citation2010 TNT 139-21
July 19, 2010
To the U.S. Congress,
Events on the Gulf Coast have refocused attention on the need for U.S. energy policy to expand the deployment of clean energy technologies. Hydropower, America's largest clean, renewable electricity resource stands ready to contribute. The U.S. hydropower industry is poised to double capacity, creating new economic opportunities and jobs in every state -- more than 1.4 million in total and support growth throughout the renewable energy sector.
Legislation is needed immediately that emphasizes and supports development of hydropower resources, such as maximizing our existing hydro system and non powered infrastructure; new ocean, tidal and in stream hydrokinetic technologies; as well as hydropower pumped storage. What's more, we can build this future without the need to embark on a new national dam building campaign.
For the hydropower industry it is critical Congress pass a bill that:
1. Ensures continued investment in hydropower projects through extension and expansion of incentives (Section 1603 grants, PTC, ITC, and CREBs).
2. Provides equal treatment in support of hydropower development such as PTC parity and incentives for pumped storage projects.
3. Sends a clear market signal in support of hydropower by adopting an RES that includes incremental hydro, retrofitting existing non powered dams, and hydrokinetics, while recognizing the clean air benefits of existing hydro resources.
4. Speeds construction and job creation benefits through better coordination of regulatory processes for development on federal lands and a smarter, more efficient process for minimal impact projects at existing dams and closed loop pumped storage.
5. Support advancements in the industry with increased funding for the DOE Waterpower R&D program.
Now is the time to stand up for hydropower and for America's working families. The stakes are too high to miss this opportunity to build a clean energy future based on domestic, reliable, renewable resources like hydropower.
Advanced Hydro Solutions
ALLETE/Minnesota Power
Alstom Power, Inc.
Ameren UE
American Electric Power
American Hydro
American Municipal Power
Avista Corp.
Brookfield Renewable Power
Chelan County Public Utility
District
Eagle Crest Energy Company
Grant County Public Utility
District
HCI Partners
HDR/DTA
Hydro Green Energy
Kleinschmidt Associates
Mead and Hunt
MWH Americas, Inc.
Natel Energy
NextEra Energy Resources
North American Hydro
Pacific Gas and Electric Company
Santee Cooper
Snohomish County Public Utility
District
Steel Fab, Inc.
Voith Hydro
- Institutional AuthorsAdvanced Hydro SolutionsALLETE/Minnesota PowerAlstom Power, Inc.Ameren UEAmerican Electric PowerAmerican HydroAmerican Municipal PowerAvista Corp.Brookfield Renewable PowerChelan County Public Utility DistrictEagle Crest Energy CompanyGrant County Public Utility DistrictHCI PartnersHDR|DTAHydro Green EnergyKleinschmidt AssociatesMead and HuntMWH Americas, Inc.Natel EnergyNextEra Energy ResourcesNorth American HydroPacific Gas and Electric CompanySantee CooperSnohomish County Public Utility DistrictSteel-Fab, Inc.Voith Hydro
- Code Sections
- Subject Area/Tax Topics
- Industry GroupsEnergy
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2010-16088
- Tax Analysts Electronic Citation2010 TNT 139-21