Energy Incentives

Various energy incentives are available for hydropower plants. These can be production tax credits, stimulus funding and clean renewable energy bonds.

Energy Incentives
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Latest Energy Incentives News

Australia's 52-MW Burdekin hydropower plant tabled amidst energy goal squabbles

12/16/2014

Power developer Meridian Energy Australia is shelving plans for the 52-MW Burdekin hydropower project, citing revisions to Australia's federal energy policy.

2015 National Hydropower Association Annual Conference program available online now

12/16/2014

The conference program for the 2015 National Hydropower Association Annual Conference is now available online, giving industry members a sneak peek of everything the three-day event has to offer.

U.S. House approves hydroelectric power tax provision

12/04/2014

The U.S. House of Representatives has passed legislation that amends an existing Internal Revenue Code to extend certain expiring tax provisions for some forms of energy production through 2014, including conventional hydroelectric power and marine and hydrokinetic.

Register for HydroVision Russia 2015 now and save

11/19/2014

Time is running out to receive a special early registration rate for HydroVision Russia 2015.

New York allocations to create new hydroelectric power

11/13/2014

A US$206 million initiative announced by New York Governor Andrew Cuomo will help diversify the state's renewable energy portfolio by helping fund the construction of two hydropower projects.

Gravity Renewables to supply hydroelectric power to New York under remote net metering agreement

11/12/2014

Gravity Renewables will provide 10 million kWh per year in small hydroelectric power through a partnership with the Municipal Gas and Electric Alliance (MEGA), the Colorado-based energy developer and operator announced earlier this month.

Small hydro project begins operating in Scotland

11/12/2014

The 450-kW Callander Community Hydro Ltd. project is now operating near the town of Callander in Scotland. 

FirstEnergy seeks renewable energy credits including hydro for Ohio utilities

10/27/2014

FirstEnergy Corp. has issued a request for proposals to provide renewable energy credits from generating sources including hydropower, on behalf of its Ohio utilities, Ohio Edison, Cleveland Electric Illuminating, and Toledo Edison.

Investing in European hydropower

10/27/2014

News that a Dutch pension fund asset manager and an alternative investment manager have formed a partnership to invest a targeted €500 million in the acquisition and development of European hydro plants signals a major shift in the perception of hydropower as an investment class.

Rhode Island renewables legislation advances development, use of hydropower

10/15/2014

Rhode Island Gov. Lincoln Chafee has signed renewable energy legislation that includes provisions to advance regional development and use of hydropower.

Increased study requirements, loss of DOE backing end Admiralty Inlet tidal pilot project

10/10/2014

Snohomish County Public Utility District announced it is abandoning plans to develop the 600-kW Admiralty Inlet Pilot tidal project in Washington's Puget Sound.

U.S. awards hydro project funding to four Indian tribes

10/07/2014

The federal Office of Indian Energy and Economic Development has awarded $1.9 million to four Indian tribes for hydroelectric projects, including acquisition of 194-MW Kerr Dam in Montana.

IRS clarifies beginning of construction to qualify for PTC

08/26/2014

The Internal Revenue Service has issued a notice helping clarify what is the beginning of construction in order for a renewable energy project to qualify for production tax credits or investment tax credits.

U.S.: Non-hydro renewables generation on track to exceed hydro generation

08/08/2014

The U.S. Energy Information Administration reports April was the eighth consecutive month in which total monthly non-hydropower renewables generation exceeded monthly hydropower generation in the United States.

NYPA adds to hydroelectric power allocation program

08/01/2014

Additional hydroelectric power allotments announced by New York Governor Andrew Cuomo and the New York Power Authority (NYPA) add to an expanding program designed to create jobs and spur capital investments.

Now accepting abstracts for HydroVision Russia 2015

07/10/2014

The advisory board of HydroVision Russia is pleased to announce that it is now accepting abstracts for the 2015 conference program.

HydroVision International: A cornucopia of events “under one roof”

06/25/2014

A stator winding maintenance workshop. A 5K fun run. Meetings of multiple organizations affiliated with the hydroelectric power industry. Research updates and findings. These and many more co-located events are being offered “under one roof” with HydroVision International 2014 in Nashville.

Pennsylvania announces grant program for hydroelectric power, renewable development

06/12/2014

Pennsylvania Governor Tom Corbett and the state's Department of Environmental Protection have announced a new grant and loan program designed to encourage the deployment of renewable generating technologies, including hydroelectric power.

Tri-County Water commissions 8-MW Ridgway Dam small hydropower plant

06/06/2014

Colorado's Tri-County Water Conservancy District has commissioned the 8-MW Ridgway Dam small hydropower complex.

Deadline for PennWell Wall of Honor sponsorships, nominations is June 24

06/02/2014

The PennWell Corporation is proud to once again feature the Wall of Honor as a prominent part of all its 2014 North America Power Events.

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