Briefly Noted … Hydro Energy

Worldwide News Briefs and Information on Renewable Energy

– Feasibility studies are nearly complete for a US$6 billion hydro power plant at Belo Monte in Brazil, with capacity of 11,126 MW. The feasibility studies and environmental impact statements will be handed to Aneel (Agencia Nacional de Energia Eletrica) by the end of October and the licensing process will take place in December. Construction is expected to begin early in 2003, but critics of the project say that it will not be able to generate its full capacity all year round. – The National Energy Group of PG+E will acquire an equity interest in two hydroelectric projects under development by an Austrian company on the Ohio River in Kentucky. The equity interest will be held by Kentucky Hydro Holdings LLC, a new NEG group. The merchant hydro projects (Smithland Dam at Smithland and Cannelton Dam at Hawesville) are being developed at existing dams by V.A. Tech Voest MCE of Austria. Each site will have a capacity of 80 MW. – Brazil’s state power company, Cemig, and two other companies have opened the 112 MW Porto Estrela hydroelectric project on Santo Antonio river. The US$50 million station was built in record time, 26 months. Cemig says another 12 facilities are being built in partnership with other companies, nine of which are hydroelectric, with total capacity of 2,500 MW and involve investment of $1.1 billion. – The State Development Planning Commission in China has published the fourth list of projects for this year, including the Longtan Hydropower Station in Guangxi that will install seven 600,000 kW units by 2010, with estimated total investment of 24.3 billion yuan.
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