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Dam power project OK'd

Though more consistent than such sources as wind energy and solar power, the Haw River hydroelectric project would produce full power only about 50 percent of the time, depending on the amount of water available.

State regulators gave the go-ahead Thursday to a hydroelectric power project at the Jordan Lake dam on the Haw River in Chatham County.
The state Utilities Commission decision brings Tennessee-based Hydro Matrix within reach of tapping Jordan Lake for electricity, its goal for 14 years. Hydro Matrix is in the early stages of a similar project on the Falls Lake dam on the Neuse River in Wake County.

Hydro Matrix president James Price said the company expects to start construction by October on the 4.4 megawatt Jordan Lake dam generator that would produce electricity to power about 1,700 homes by next year.

The $4.5 million project near Moncure is a business partnership between Hydro Matrix in Tennessee and North American Hydro in Wisconsin. The two companies will sell the electricity to Progress Energy.

Though more consistent than such sources as wind energy and solar power, the Haw River hydroelectric project would produce full power only about 50 percent of the time, depending on the amount of water available.

Hydro Matrix received approval for the project in 1997, but the approval expired because the company never started construction. Hydro Matrix partially owns one other hydroelectric project... more [truncated due to possible copyright]  

State regulators gave the go-ahead Thursday to a hydroelectric power project at the Jordan Lake dam on the Haw River in Chatham County.
The state Utilities Commission decision brings Tennessee-based Hydro Matrix within reach of tapping Jordan Lake for electricity, its goal for 14 years. Hydro Matrix is in the early stages of a similar project on the Falls Lake dam on the Neuse River in Wake County.

Hydro Matrix president James Price said the company expects to start construction by October on the 4.4 megawatt Jordan Lake dam generator that would produce electricity to power about 1,700 homes by next year.

The $4.5 million project near Moncure is a business partnership between Hydro Matrix in Tennessee and North American Hydro in Wisconsin. The two companies will sell the electricity to Progress Energy.

Though more consistent than such sources as wind energy and solar power, the Haw River hydroelectric project would produce full power only about 50 percent of the time, depending on the amount of water available.

Hydro Matrix received approval for the project in 1997, but the approval expired because the company never started construction. Hydro Matrix partially owns one other hydroelectric project in West Virginia. The company is planning four others, including the one in Wake County.

The Jordan Lake project would be Progress Energy's largest non-utility hydroelectric contract. The Raleigh utility buys 10.6 megawatts of power from 13 small hydroelectric producers in the state.

Progress is expected to pay about 5.2 cents a kilowatt hour for the electricity, Price said. The utility charges residential customers in North Carolina about 9.5 cents a kilowatt hour in the summer and 8.5 cents a kilowatt hour in the winter.

In addition to sales revenue for electricity, hydroelectric producers also benefit from the 2005 Energy Act, which includes federal tax credits of 0.9 cents per kilowatt hour of electricity generated.

 



Source: http://www.newsobserver.com...

JUL 13 2007
https://www.windaction.org/posts/9990-dam-power-project-ok-d
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