WPTO announced an opportunity for hydropower developers and other stakeholders to receive technical assistance to address valuation hurdles in pumped storage hydropower project development and for challenges related to the HydroWIRES mission.
Water Power Technologies Office
November 9, 2022
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The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) today announced an opportunity for hydropower developers and other stakeholders to receive technical assistance from the DOE national laboratories to advance hydropower’s role on the electricity grid through WPTO’s Hydropower and Water Innovation for a Resilient Electricity System (HydroWIRES) Initiative.
As demand for an equitable and clean electricity grid increases, so too will the need for high levels of variable renewable energy resources together with resources that can provide flexibility and long-duration storage to balance them. Hydropower and pumped storage hydropower (PSH) are uniquely well-suited to provide these essential grid services.
The technical assistance opportunity specifically aims to provide PSH developers and other stakeholders with national lab expertise and capabilities to address valuation hurdles in PSH project development. It will also provide the broader hydropower community with assistance for specific challenges they face related to the HydroWIRES mission.
WPTO anticipates providing technical assistance to up to 15 recipients. Each recipient will receive assistance valued between $100,000 and $1 million through specifically assembled technical assistance teams comprised of subject-matter experts through one or more national labs.
This technical assistance opportunity is open to hydropower developers, system operators, utilities, energy co-ops, manufacturers, regulators, policymakers, nonprofits, and others. Both for-profit and nonprofit companies or entities that are incorporated (or otherwise formed) under the laws of a particular state or territory of the United States are eligible to apply. Entities must be based in the United States to apply.
Potential recipients must submit statements of interest no later than Friday, December 16. The full call for technical assistance is available online.
Learn more about WPTO and the HydroWIRES Initiative.
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