Project licensee Lock 7 Hydro Partners LLC said a third party broker, 3Degrees Group Inc., agreed to purchase all renewable energy credits (RECs) generated by the project, which is being renovated. 3Degrees will supply the credits to E.ON U.S., an energy services company that owns both Louisville Gas &Electric and Kentucky Utilities, for the companies' Green Energy program.
A December 2007 agreement enables LG&E and KU to offer locally produced RECs for the program. The agreement also provides LG&E and KU customers the opportunity to help develop new renewable generating capacity in Kentucky. Program dollars will be used to help complete the renovation. Once renovated, Mother Ann Lee will eliminate 16 million pounds of carbon dioxide emissions annually.
Lock 7 Hydro Partners bought the retired Lock 7 hydro plant in December 2005. It began renovations in March 2006. One of the plant's three generators became operational in March 2007, and the second generator began operation in October 2007. The third unit is being rehabilitated, with operation expected in late 2008.
Once fully renovated, the plant is expected to produce 8,300 MWh in an average year. Salt River Electric, a member-owned electric cooperative, is purchasing electricity produced at the plant, which the Low Impact Hydropower Institute certified as �low-impact� hydropower in March 2007. (HNN 4/3/07)
LG&E and KU customers can join the Green Energy program for $5 or more per month. For each $5, the utilities will purchase 300 kWh of renewable energy credits from Lock 7 Hydro Partners, allowing customers to offset their carbon impact of their electricity usage.
Mother Ann Lee (No. 539), at Lock and Dam 7 on the Kentucky River near Harrodsburg, Ky., is adjacent to Shaker Village at Pleasant Hill and sits on land once owned by the Shakers. Once known as the Lock 7 project, the project was renamed the Mother Ann Lee Hydroelectric Station in honor of the founder of the Shakers, a religious sect that flourished in the nineteenth century.
Lock 7 Hydro Partners is a partnership between Shaker Landing Hydro Associates of Louisville and Salt River Electric. Shaker Landing Hydro Associates is renovating the plant under contract to Lock 7 Hydro Partners.