Following U.S. Secretary of Energy Steven Chu's recent address at the Montana Economic Development Summit, the National Hydropower Association offered its support of statements the Secretary made regarding the role pumped-storage hydro and other hydropower resources can play in the United States' energy future.
In his address, Chu noted the important role of energy storage, including pumped-storage hydropower. He also emphasized the potential for Montana to expand its use of hydropower through the implementation of pumped storage.
NHA Executive Director Linda Church Ciocci, responding to Energy Secretary Steven Chu's comments supporting hydropower and pumped storage at the Montana Economic Development Summit, said: "NHA applauds Energy Secretary Chu's comments this week on the critical role hydropower and pumped storage must play in the development of a clean, reliable energy infrastructure for the United States. As the Secretary pointed out, hydropower's potential for creating clean, domestic generating capacity - with minimal environmental impacts - is considerable. Pumped storage, as he also highlighted, is one of the best ways available to maximize output from variable renewable resources and provide utility-scale storage."
The memorandum of understanding Secretary Chu signed earlier this year with the U.S. Department of the Interior and the U.S. Army Corps of Engineers is a step in the right direction, as is the growing support for hydropower and pumped storage initiatives through the DOE waterpower R&D program, Church Ciocci said.
"But, these developments are just a beginning," Church Ciocci said. "To develop those clean, domestic hydropower resources the Secretary described, Congress needs to extend necessary tax incentives, such as the Section 1603 grants program and the investment tax credit."
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