U.S. Department of Energy Announces $8 Million for Technologies to Increase Hydropower Flexibility The U.S. Department of Energy today announced $8 million in funding to support projects that will improve the flexibility of the U.S. hydropower fleet and enhance electric grid reliability. Hydropower is a flexible resource, meaning it can supply electricity immediately or store it to meet real-time demand. By improving flexibility, these projects will strengthen hydropower's ability to support an evolving electric grid that includes an increasing amount of variable renewable energy sources. "The hydropower fleet is well suited to help integrate more renewable energy while ensuring the electric grid remains reliable and resilient," said Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy Kelly Speakes-Backman. "Hydropower already supports our grid by providing energy generation and storage, and these projects will enhance these contributions while helping us reach our climate goals." Read more |
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