Hydro | Page 2

Puget Sound Energy (PSE) and Chelan County Public Utility District (PUD) are joining forces to power Puget with renewable hydropower in the long term. This 20-year contract gives Puget the environmentally friendly infrastructure to achieve future renewable energy goals and flexibly fulfill Washington’s energy needs.

The U.S. Department of Energy and the Tennessee Valley Authority (TVA) announced signing a memorandum of understanding (MOU) to collaborate on the development of hydropower technology. Specifically, the MOU is focused on evaluating and demonstrating approaches for operating hydropower plants to meet the changing needs of the electricity grid.

The University of Notre Dame is now operating a new hydroelectric facility as part of its sustainability strategy to reduce carbon emissions to net zero by 2050.

The Biden-Harris Administration, through the U.S. Department of Energy (DOE) launched two new program offices – the Grid Deployment Office and the Office of State and Community Energy Programs.

Hecla Mining Company achieved net zero on Scope 1 and Scope 2 carbon emissions and reduced emissions by 44% from 2019 baseline levels.

Merck announced its inaugural issuance of a $1 billion sustainability bond, which was part of an $8 billion underwritten public offering of notes that closed on Dec. 10, 2021.

BayoTech, Inc., a hydrogen distributor, announced an agreement with New Mexico Gas Company to deploy a new hydrogen production facility in Albuquerque.