Energy Department Announces New Round of Section 242 Funding

 

The Department of Energy’s Water Power Technologies Office is now accepting applications for $6.6 million in the latest round of funding under section 242 of Energy Policy Act of 2005 (EPACT). In an effort to meet America’s growing need for electricity, the EPACT framework supports development of renewable energy systems and advancements in energy conservation and energy-efficient technologies. Qualified facilities under the new round of funding will be selected based on the number of kilowatt hours generated in calendar year 2018.

In the previous round for calendar year 2017, the Energy Department awarded $6.6. million in available funding to 37 eligible applicants from 15 different states. Recipients had developed new projects on existing water infrastructure or upgraded and increased the efficiency of existing hydropower projects. All resulted in the generation of additional low-cost energy from hydropower.

For more information and guidance on the newest round of funding for FY2019, click here. Applications are due June 20, 2019.