WASHINGTON, November 5, 2013 -- Baker Botts Partners Jay Ryan and David Powers discuss hydropower regulation in a recent blog post on POWER Magazine’s blog.
On August 9, 2013, President Obama signed into law the “Hydropower Regulatory Efficiency Act of 2013” (the “Act”). This legislation, passed with overwhelming support in the House and Senate, streamlines the regulatory approval process for certain hydroelectric power (“hydropower”) projects. Perhaps more importantly, the Act reflects bipartisan recognition of the benefits of hydropower, they noted in the opening of the post.
According to the Act, only 3% of the 80,000 dams in the United States generate electricity; developing these currently untapped hydropower resources could add an additional 60,000 MW of hydropower capacity by 2025 and create up to 700,000 new jobs in the United States. To facilitate development of these resources, the Act simplifies the regulatory approval process for certain small and conduit hydropower projects.
Ryan and Powers also give a regulatory background and discuss the Act’s reforms and implementation.
The complete POWER Magazine blog post is available here.
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