Tri-State supports hydro project to serve Poudre Valley REA

Tri-State’s board of directors approved two contracts at their February monthly board meeting between Tri-State and Poudre Valley REA for a 20-year generation contract and a 10-year financial support contract that contributes towards members meeting renewable portfolio standards to support a 2.6-megawatt hydroelectric project on Carter Lake, west of Loveland, Colo.

The Carter Lake Hydroelectric Project will be constructed and operated by the Northern Colorado Water Conservancy District (NCWCD). Poudre Valley REA will purchase the output of this new facility under a power purchase agreement with the water district.

According to Carl Brouwer, project manager for the NCWCD, annual generation for the hydro facility is estimated at between 7 and 10 gigawatt-hours and the total projected cost of the project is $6.2 million. Construction of the new power plant on the 112,000-acre-foot, 3-mile lake is scheduled to begin late this year and operation is expected to commence by the summer of 2012.

0 Responses to “Tri-State supports hydro project to serve Poudre Valley REA”

  • No Comments

Leave a Reply

%d bloggers like this: