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Section 242 Hydroelectric Production Incentives

Open Date:

3/22/2023

Close Date:

5/8/2023

Upcoming Milestones:

Eligible Recipients:

Program Purpose:

  • Energy Infrastructure

Reserved for Energy
Communities?

No

Bureau/Office

Grid Deployment Office (GDO)

Funded by:

U.S. Department of Energy

Overview

The hydroelectric production incentive payments are a benefit available for electric energy generation and sold for a specified 10-year period as authorized under the Energy Policy Act of 2005. In the Infrastructure Investment and Jobs Act, DOE received $125 million to support this hydroelectric production incentive. At this time, DOE is accepting applications from owners and authorized operators of qualified hydroelectric facilities for hydroelectricity generated and sold in calendar years 2021 and 2022.

Related Resources

Additional information is available on the Resources page.

Funding Details

Funding Source:
Funding Type:
Incentive
Total Amount Available:
$125000000.00
Limit per Applicant:
Estimated Awards:

Applicant Guidance

Contact Information

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