hydropower cleaning News
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Sector stakeholders help shape hydro`s role in the clean energy transition
Over 160 hydropower industry, civil society and policy representatives met to address the challenges and role for hydropower in the clean energy transition, at a HYDROPOWER EUROPE online event last week. The #HPEOnlineWorkshop was part of the HYDROPOWER EUROPE consultation process on a Research and Innovation Agenda (RIA) and Strategic Industry Roadmap (SIR). Stakeholders were able to debate and ...
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NIB finances Norwegian E-CO Energi's investments in hydropower
The Nordic Investment Bank (NIB) and the Norwegian energy company E-CO Energi have signed a loan totalling NOK 300 million (EUR 39 million) for financing investments in hydropower. The 15-year maturity loan will help finance three hydropower projects. The investments include the construction of a new dam, four new aggregates and a new hydropower plant. The new hydropower plant will replace a ...
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C2ES: Canadian hydropower could help states achieve carbon-cutting goals
Canadian hydropower could help some U.S. states meet their carbon-cutting goals under the proposed federal Clean Power Plan, the Center for Climate and Energy Solutions (C2ES) says in a new policy report. "Canadian Hydropower and the Clean Power Plan” explores the potential for increased hydropower imports from Canada, and the adjustments needed to the Environmental Protection ...
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NIB finances hydropower loan programme in Norway
The Nordic Investment Bank (NIB) and Norwegian Sparebanken Vest have signed a loan totalling NOK 500 million (EUR 64.4 million) for a loan programme aimed at small, local hydropower plants. The 10-year-maturity loan will be used for financing Sparebanken Vest's new loan programme for new hydropower projects and upgrading existing hydropower plants. The loan programme will exclusively finance ...
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NIB places credit line with Sparebank 1 SMN for hydropower projects in Norway
The Nordic Investment Bank (NIB) has signed a loan agreement totalling NOK 1 billion (EUR 133 million) with Sparebank 1 SMN for onledning to small and medium-sized hydropower enterprises in Norway. The 15-year-maturity loan programme is earmarked to finance Sparebank 1 SMN's hydropower projects, most of them between 1 megawatt and 5 megawatts. The loan programme will cover new hydropower ...
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Biden Administration Launches $28 Million Program to Advance Hydropower for Clean Energy
The Biden Administration, through the U.S. Department of Energy, this week launched more than $28 million from the Bipartisan Infrastructure Law for research and development projects that will advance and preserve hydropower as a critical source of clean energy. This Notice of Intent (NOI) will offer three funding opportunities this fall to support research, development, and deployment of ...
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NIB finances Norwegian Statnett's subsea power cables
The Nordic Investment Bank (NIB) and the Norwegian grid operator Statnett have signed a loan totalling NOK 1,300 million (EUR 165 million) for the partial financing of the new subsea cable between Norway and Denmark and the upgrade of Statnett's existing cable across the Oslofjord. The 16-year-maturity loan will help finance the construction of a new High Voltage Direct Current (HVDC) power ...
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IHA publishes guide on responsible resettlement
Resettlement in hydropower needs to be handled with care and commitment, respecting the dignity and human rights of those affected. Good practice requires a participatory process based on fairness and equity, with the aim of achieving a sustainable improvement in the lives of resettlees. A new how-to guide published by the International Hydropower Association (IHA) will now support project ...
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Avista's Clean Energy Implementation Plan approved by WUTC
Avista Utilities, an operating division of Avista Corp., filed its first Clean Energy Implementation Plan (CEIP) with the Washington Utilities and Transportation Commission (WUTC) in October 2021. Recently (June 16), the plan was approved by the WUTC. Avista was the first utility to file a CEIP in the State of Washington and the first investor-owned utility to reach approval. Avista's CEIP is a ...
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Global forum to tap hydropower’s potential as a clean, green battery
IHA and the U.S. Department of Energy will this week launch a global initiative of 11 governments and more than 60 organisations aimed at addressing the urgent need for clean and reliable energy storage. The International Forum on Pumped Storage Hydropower will develop policy proposals and exchange knowledge on the technical and market reforms necessary to overcome barriers to sustainable pumped ...
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Eight countries get Climate Investment Funds
Projects worth US$ 1.08 billion, that will help eight developing countries reduce carbon dioxide emissions and mitigate the impact of climate change were approved in the first week of November by the Climate Investment Funds (CIFs), a partnership of five development banks. CIFs offer interim support to developing countries’ mitigation and adaptation efforts, while international climate ...
By SciDev.Net
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Summary of Bill 17: Proposed Changes to Clean Energy Act
In June 2020, the NDP government proposed Bill 17 to amend the Clean Energy Act (2010). The clean energy industry, First Nations and several municipalities were particularly alarmed at the proposed amendment to remove the self-sufficiency requirement, which restricted the amount of power BC Hydro can purchase on the Mid-C spot market. This change would allow British Columbia to become more ...
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Champlain Hudson Power Express project to Deliver 1,250 MW of Hydropower to New York City
New York authorities have selected the Champlain Hudson Power Express project (CHPE) to deliver clean hydropower into New York City. This 1,250-megawatt influx of clean power, enough to supply over 1 million homes, will start displacing fossil generation in the NYC region as soon as 2025, which is today over 85 percent reliant on fossil fuel-based electricity. Doreen M. Harris, President and ...
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NYPA Advances Upgrades to Digital Communications for State-Owned Power System
The New York Power Authority recently (12/13) announced the approval of a $14 million fiber-electronics equipment and installation services contract to improve the efficiency and reliability of the statewide electric power system.The seven-year agreement will support NYPA's multiphase Communications Backbone program, first announced in 2017, which involves installation of fiber optic cables and ...
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New York Power Authority to Improve Reliability of NYPA Generation and Transmission Assets
The New York Power Authority (NYPA) recently (7/18) announced it is aggressively advancing efforts to deliver on its strategic initiative to build smart generation and transmission capabilities across New York State through an expansion of its Phasor Measurement Unit (PMU) program and upgrades to its Convertible Static Compensator (CSC). The two digitization projects support Governor Andrew M. ...
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ABB technologies that changed the world Part one: HVDC
Some of the world’s biggest cities – New York, Los Angeles, Sao Paulo, Shanghai, Guangzhou, Delhi and Johannesburg – receive huge volumes of electric power, often transported over thousands of kilometers with remarkably low losses and minimal environmental impact, thanks to this ABB innovation. National and regional power grids throughout Europe and the Americas interconnect their power grids ...
By ABB
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Brazil: big untapped potential for energy efficiency
Brazil is the 10th largest energy consumer in the world. Much of its energy comes from clean hydroelectric power and biomass fuels, and it consumes about as much oil as it produces. But Brazil is expected to double energy usage by 2030. Despite having had an energy efficiency program since 1985 and a thriving ESCO (energy service companies) industry, an estimated US$2.5 billion in potential ...
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Plutonic Power & GE submit bids for more than US$4bn in hydroelectric projects
Plutonic Power Corporation (PCC: TSX) joined with GE Energy Financial Services, a unit of GE (NYSE: GE), in submitting two bids for hydroelectric power projects costing more than $4 billion, which would be Canada’s largest single private sector hydroelectric generation investment. The submissions into BC Hydro’s 2008 Clean Power Call outline the development of approximately 1,200 megawatts of ...
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Obama Administration Announces New Financing For Renewable Energy Projects And Actions To Spur Innovation And Promote Energy Access Globally
November 15, 2016 -- From 2010-2015 alone, the U.S. has invested in more than $11 billion in international clean energy finance - including grant-based assistance, development finance, and export credit - to support countries as they work to meet their growing energy needs, while improving development outcomes and reducing carbon emissions. At the same time, the United States has made research ...
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NY Governor Cuomo Announces Completion of Energy Efficiency Project at Stony Brook University
Governor Andrew M. Cuomo today announced the completion of a comprehensive energy efficiency project at Stony Brook University in Suffolk County that will save the campus more than $832,000 in annual energy costs while also reducing greenhouse gas emissions by more than 3,800 tons a year - the equivalent of taking more than 730 cars off the road. The project support's Governor Cuomo's goal to ...
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