The Effects of Recent Legislation on Conventional, Non-Federal Hydropowerby Richard Hunt, Richard Hunt Associates, Annapolis, United States,
Judith Mohsberg, Richard Hunt Associates, Annapolis, United States,
Abstract: Over the past ten years, federal legislation has created competing economic incentives for the hydroelectric industry - loans and tax credit incentives to stimulate the growth of conventional, non-federal, hydroelectric development and heavy regulation that increased the cost of licensing and development of hydropower facilities. More than ten years later, these programs have not made a measureable difference in the amount of hydroelectric energy produced, and the proportion of the country's energy that is generated by hydropower has actually declined from 12% to 9%.
Subject Headings: Hydro power | Electric power | Legislation | Licensure and certification | Taxation | Power plants | Federal government | Economic factors
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