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Bipartison bill set to spur hydropower upgrades, restore free flowing rivers
12 December, 2022
New Bipartisan legislation introduced by U.S. Senators Maria Cantwell (D-WA) and Lisa Murkowski (R-AK), along with Debbie Stabenow (D-MI) and Dan Sullivan (R-AK) is set to establish a new 30% tax incentive for dam safety and environmental improvements and to remove obsolete river obstructions.
US hydro industry welcomes signing of Inflation Reduction Act of 2022
17 August, 2022
The National Hydropower Association in the US has welcomed the news that President Joe Biden signed the Inflation Reduction Act of 2022 into law this week, with CEO Malcolm Woolf stating that the legislation will help to accelerate the development of new pumped storage hydropower projects and hydropower generation on existing dams.