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Government Cooperation Around Hydro

December 19, 2017

Our focus in on equipment to make it incredibly easy to design, build, and install hydropower plant.  However, growth in our market requires a healthy ecosystem of technology, finance, and policy.  In simple summary, folks like us need to invent equipment that gets the economics right; financiers need to get the right connection of investment and risk management to turn ideas into things, and the government needs to make sound policy that protects resources while supporting growth.  In a (rare) moment of cooperation, congress got it right in the Promoting Hydropower Development at Existing Non-powered Dams Act.  This act will expedite the licensing process of adding power to non-powered dams, making it easier to unleash the wasted energy in many non-powered dams.  You can learn more at Hydro World.

 

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