Indiana hydroelectric projects to receive federal incentive payments
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The U.S. Department of Energy on Thursday announced nearly 300 hydroelectric improvement projects across the country that will receive up to $430 million in incentive payments. Among them are four projects in Indiana that will share in nearly $19 million in funding.
The funding comes from the Maintaining and Enhancing Hydroelectricity Incentives program, which is being funded by the Bipartisan Infrastructure Law.
The program aims to enhance dam safety, improve grid resilience at 215 facilities, and project 6,000 jobs at hydropower facilities, as well as contractors and vendors, the DOE said in a news release.
“As our earliest form of renewable energy generation, hydropower has reliably kept America running for almost 150 years—and the Biden-Harris Administration is ensuring these long-standing facilities can continue the steady flow of clean power,” U.S. Secretary of Energy Jennifer Granholm said. “Today’s funding will expand and modernize our hydropower fleet, while protecting thousands of American jobs.”
The Indiana projects set to receive incentives are:
| Project | Recipient | Funding Amount |
| Elkhart Hydroelectric Project | Indiana Michigan Power | $5,000,000 |
| Twin Branch Hydroelectric Project – Mishawaka | Indiana Michigan Power | $4,095,070 |
| Norway Hydroelectric Enhancement Project – Monticello | Northern Indiana Public Service Co. | $4,989,132 |
| Oakdale Hydroelectric Enhancement Project – Monticello | Northern Indiana Public Service Co. | $4,798,175 |
The DOE says hydropower accounts for nearly 27% of renewable electricity generation in the U.S. and 93% of all utility-scale energy storage.
You can view the full list of incentive payment recipients by clicking here.