(PRESS RELEASE) The Village of Edgerton is pleased to announce that hydropower projects that we participate in have been awarded federal hydroelectric incentive funds.
Together, four hydroelectric plants, located at the U.S. Army Corps of Engineers’ Cannelton, Meldahl, Smithland and Willow Island locks and dams on the Ohio River, are the recipients of $8 million in Hydroelectric Production Incentive Program funds in connection with electricity generated in 2021 and 2022.
As a public power community, we participate in the Cannelton, Smithland and Willow Island hydro projects of the Ohio River.
We want to thank the U.S. Department of Energy (DOE) for recognizing the importance and value that hydroelectricity plays in the electric industry.
Funded through the Bipartisan Infrastructure Law and administered by the DOE Grid Deployment Office, the program provides funding for hydroelectricity generated by qualified hydroelectric facilities placed in service since Oct. 1, 2005.
The Cannelton, Meldahl, Smithland and Willow Island plants, which became operational in 2016 and 2017, are qualified facilities.
The Village of Edgerton is a long-time member of American Municipal Power, Inc., (AMP), a joint action organization that provides its members with a variety of services as well as diverse and reliable power supply options to best meet our unique values and needs.
The power supply mix that Village of Edgerton receives includes hydropower. Our hydro interests include the previously mentioned run-of-the-river public power projects developed at existing federally owned dams on the Ohio River.
Because Edgerton Electric is owned and operated by the Village of Edgerton, our local government makes its own decisions about which power supply projects to participate in.
As part of our diversified power supply portfolio, we chose to participate in Cannelton, Meldahl, Smithland and Willow Island because we recognize the many benefits associated with clean hydroelectric generation.
Hydropower is an important source of energy that has many positive attributes, including:
-It provides a 100 percent renewable resource.
-It lacks fuel risk, emissions and waste streams.
-Hydroelectric plants have long life spans — 80 to 100 years — and will continue to provide clean energy for decades.
When we as a community decided to participate in the hydro projects, we knew we were making a long-term investment in an energy resource that would be around for generations to come.
The funds from the Department of Energy will help maintain and enhance these facilities to ensure that they continue to provide clean electricity long into the future.
We appreciate and thank the DOE for its investment, as well, in the future of hydropower. We’re very pleased with the award and appreciate the DOE for recognizing the value that hydropower brings to the industry and the important role it plays in the reliability of the grid.