Earlier this month, the U.S. House of Representatives passed the more than $1.2 trillion Infrastructure Investment and Jobs Act. Also known as the bipartisan infrastructure framework (BIF), the Senate approved the bill in August.

The BIF represents a core piece of President Biden’s agenda and provides significant funding for infrastructure improvements in energy and water, including over $900M in waterpower incentives for new and existing hydropower, pumped storage, and marine energy. Additional spending is provided for dam safety and removal.

The package of incentives will be administered by the U.S. Department of Energy and is intended to modernize hydropower by enhancing the safety, grid resilience benefits and power generation capacity of America’s dams.

Read more: Washington Energy Report

 

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