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The U.S. Department of Energy recently announced a notice of intent for more than $28 million for use in research and development projects.
The notice will offer three funding opportunities in the fall to support the research, development and deployment of hydropower technologies, including pumped storage hydropower, which is a critical component of potentially integrating variable renewable energy sources on the electric grid, according to an Aug. 19 news release.
“For over a century, hydropower has provided clean, cheap and reliable energy to American households and businesses,” Energy Secretary Jennifer M. Granholm said in the release. “Funding from President Biden’s Bipartisan Infrastructure Law will ensure that hydropower continues to play as big a role in our clean energy future has it has in our past.”
The funding for the projects, focused on enhancing and preserving hydropower as a clean energy source, is provided by the Bipartisan Infrastructure Law signed by President Joe Biden in August, according to the release. Hydropower technologies are crucial to the Biden-Harris administration's energy goals regarding a carbon-free electricity sector by 2035 and a net-zero-emissions economy by 2050.
"This news can't be watered down!" U.S. Department of Energy said in an Aug. 19 post on Twitter. "Today, we're launching $28M+ from @POTUS' Infrastructure Law to advance hydropower research and development - giving American families another way to access clean, affordable energy."
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