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SMI continues to lead the way in helping unleash the full potential of hydropower, the original clean energy resource. The U.S. Department of Energy (DOE) announced earlier this month it is investing $430 million to upgrade existing hydropower projects across the United States, including several spearheaded by SMI clients. Overall, 293 hydropower projects across 33 states were selected to receive funding to support capital improvements for dam safety, grid reliability, and environmental performance. They are being financed by the Bipartisan Infrastructure Law, which included a provision on “Maintaining and Enhancing Hydroelectricity Incentives.” SMI Vice President Jeffrey Leahey supported the work to establish and implement the program and assisted several clients in the application process. He will also be involved in upcoming negotiations with the DOE Grid Deployment Office to administer the programs. Hydropower currently accounts for nearly 27% of renewable electricity generation in the United States, according to DOE. But many facilities are in need of repair and upgrade. “As our earliest form of renewable energy generation, hydropower has reliably kept America running for almost 150 years,” said Secretary of Energy Jennifer Granholm. She added that the new funding “will expand and modernize our hydropower fleet, while protecting thousands of American jobs.” SMI was also pleased to see other clients in the hydropower sector, including Florida Atlantic University and Oregon State University, are among the recipients of $41 million in R&D and testing from the DOE's Water Power Technologies Office. Researchers will develop a real-time wave prediction tool “that can help maximize the power output and efficiency of wave energy converters," simulate and quantify how much power could be captured from ocean currents, develop ocean current prediction tools as well as a 3D model to improve power production forecasting for future deployments of devices. Catch up on these and other SMI developments in the latest issue of A Capitol View: https://lnkd.in/eCAJ5tda

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Jessica Allemand

Regulatory Specialist II/Policy Administrator at Grant County Public Utility District

1mo

Congrats Jeff and SMI on this important work!

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