Tuesday, July 11, 2023
8:30 AM - 12:00 PM
Rehabilitation of existing hydroelectric facilities is a major business opportunity in the industry. With existing assets continuing to age, and hydropower even more important as a baseload resource to support intermittent renewables, it is vital to keep these valuable generating plants operating reliably. Thus, many owners are in the midst of, or planning for, major rehab programs. In addition, there are significant business opportunities around operating and maintaining these facilities.
During this workshop, suppliers seeking to do business with key power producing companies can learn about projects coming up for bid, how to access opportunities, and how to qualify as a potential supplier. Hear presentations on the subject from experts with the Tennessee Valley Authority and the U.S. Department of Interior’s Bureau of Reclamation, and uncover the information you need to get new business.
Both TVA and Reclamation are in the midst of major hydroelectric rehabilitation programs while continuing to operate and maintain these valuable assets.
For example, under its Hydro Life Extension (HLE) program, TVA has completed 75 projects, ranging from $100,000 to $40 million. Since the fall of 2021, TVA has focused on the HLE program and targets about a 10% per year re-investment rate in its hydropower assets. TVA has 109 conventional hydro units and four large pump-turbines with total installed capacity of 5,600 MW. The fleet produces $1 billion to $1.1 billion a year in revenue.
Reclamation has ongoing programs for both dam maintenance and plant rehabilitation. The U.S. President’s budget proposal for fiscal year 2024 includes $1.4 billion for Reclamation to make “critical, targeted investments” that include addressing aging infrastructure needs, including dam safety and operation, maintenance and rehabilitation activities. Reclamation’s fleet includes 77 hydropower facilities that account for about 15% of hydro capacity and generation in the U.S.
This is a free opportunity, but registration is required and is limited to two representatives per company exhibiting at HYDROVISION International 2023. You must add this on to your registration in the exhibitor portal.