News

Pumped Storage Projects Selected for Techno-Economic Studies

December 3, 2018

Today, the U.S. Department of Energy (DOE) announced selections for its Notice of Opportunity for Technical Assistance (NOTA) to perform techno-economic studies to evaluate the long-term value of two selected pumped-storage hydropower (PSH) projects. While PSH projects were initially built to balance the electricity system between period of high demand during the day and low demand at night, increases in variable renewable generation have changed how plants are operated and the value they provide to… continue reading >>


Pitt signs agreement to purchase all the power from planned hydroelectric plant

November 29, 2018

In a big step toward meeting its 2030 sustainability goals, Pitt has agreed to purchase 100 percent of the power from a low-impact hydroelectric power plant to be built on the Allegheny River. The plant — located less than 5 miles from campus at the existing Allegheny Lock and Dam No. 2 below the Highland Park Bridge — will be the first of eight potential hydroelectric facilities that Rye Development of Boston has received permits… continue reading >>


Rye Development LLC Requests Qualification Proposals from Hydropower EPC Providers

November 28, 2018

BOSTON, Nov. 28, 2018 /PRNewswire/ – Rye Development LLC (RYE) is the leading developer of new hydropower on existing dams in the U.S. RYE currently has over 1,800 megawatts (MWs) of hydropower in development across 24 projects in eight states. Interested companies can download the full RFQ on RYE’s website at: http://www.ryedevelopment.com/RFQ RYE has issued a Request for Qualifications (RFQ) for Engineering, Procurement, and Construction (EPC) Services on ten (10) initial new hydropower projects on… continue reading >>


Hydroelectric vision: Plan for plant on Allegheny deserves consideration

November 5, 2018

There is momentum on bringing a hydroelectric dam to the city of Three Rivers Harnessing the might and muscle of water to create power of a different kind is not a new idea. The country’s first hydroelectric power plant — a mechanical facility that converts water’s kinetic energy into electricity—- was built at Niagara Falls in 1882. But in the city of Three Rivers, the concept hasn’t floated. That could be changing. And it should…. continue reading >>


Senator Cantwell visits the Goldendale Energy Storage Project

September 12, 2018

“Klickitat County has already been a leader in energy policy, implementing one of the most advanced policies in the nation to cover the county with wind and now they’re looking at pump storage which is a good solution to renewable energy, to have something that would balance it out. So seeing this project today, we want to make sure that the federal government is putting in place what are the rules for projects like pump… continue reading >>


House and Senate negotiators reach agreement on water infrastructure bill

September 11, 2018

US House of Representative approved by voice vote the America’s Water Infrastructure Act of 2018 (AWIA), S. 3021, which included provisions promoting hydropower deployment. The hydropower provisions included language: Creating a quicker, more efficient licensing process for proposed projects at existing non-powered dams and for closed-loop pumped storage; Shortening the timeline for projects utilizing existing conduits; Providing regulatory incentives for investments at existing hydropower facilities; and Improvements to the preliminary permits and start construction timelines… continue reading >>


Klamath Commissioners briefed on Swan Lake project

August 29, 2018

Klamath Falls, Ore. – A $750 million energy storage project in Klamath County has cleared a major hurdle. The Swan Lake Power Storage Project’would be built about 12 miles northeast of Klamath Falls in the Swan Lake area. Erik Steimle of Rye Development explains the project would not generate electricity, but act like a battery. “Storing energy during periods of excess capacity, and then releasing water from an upper reservoir and creating electricity in the… continue reading >>


Group meets to examine planned pumped storage project

May 23, 2018

THE SITE: The planned project would build two enormous ponds, one where the aluminum plant was and the other on top of the cliffs overlooking it. Water from the lower pond would be pumped up to the higher one, then released when needed to generate energy. A representative of the British government, three U.S senators, a U.S. congresswoman, personnel from the governor’s office and Washington State departments, a full complement of district legislators, commissioners from… continue reading >>


The board of Rye Development appoints a new CEO, Paul D. Jacob

February 28, 2018

Boston, Massachusetts, February 20, 2018 – The Board of Directors of FFP New Hydro LLC announces that Paul D. Jacob has been appointed as CEO to succeed Ramya Swaminathan. Ms. Swaminathan announced her resignation as CEO, effective February 28, 2018, to pursue another venture in the energy space. “Under Ramya’s leadership, Rye Development has solidified its position as the leading developer of new hydropower on existing dams in the United States and has advanced its… continue reading >>


Swan Lake hydro project enters new phase

December 27, 2017

Public comment, environmental analysis to commence Herald and News A long-discussed hydro-electric project in Klamath County has moved one step closer to fruition, as environmental analysis and a comment period have begun for the proposed Swan Lake North pumped-storage plant. The project has been in development since 2014, but last March exchanged hands in an acquisition by Rye Development and GridAmerica from EDF Renewable Energy. With Rye, operating as New Hydro LLC, and GridAmerica, a… continue reading >>


Exclusive: Big time backers revive $2B Columbia River Gorge energy storage project

November 7, 2017

Portland Business Journal A massive proposed energy storage project alongside the Columbia River has new life. Confident that the $2 billion project has a chance, Rye Development, which calls itself the largest developer of new hydropower in the U.S., has applied for a preliminary federal permit for the Goldendale Energy Storage Project, 110 miles upriver from Portland. The project would use an established technology, pumped storage, that has proven difficult to build in the U.S…. continue reading >>


Rye Development to build 17-MW hydro plant near Pittsburgh

November 7, 2017

Power Engineering Rye Development announced it has received a license from the Federal Energy Regulatory Commission to build a 17-MW hydro facility on the Allegheny River near Pittsburgh, Pennsylvania. The Allegheny 2 Hydroelectric Project will be constructed on the existing Allegheny No. 2 Lock and Dam owned by the U.S. Army Corps of Engineers. The $60 million development should begin construction in 2018 and begin operations in 2020. FFP New Hydro, which has Rye Development… continue reading >>


Modernizing energy infrastructure: challenges and opportunities to expanding hydropower generation

March 24, 2017

Location: 2123 Rayburn Energy (115th Congress) Witnesses Mr. Kieran Connolly Vice President, Generation and Asset Management, Bonneville Power Administration Witness Statement Witness Invitation Truth in Testimony and CV Mr. Chuck Hookham P.E. Director, NBS Services, CMS Energy, on behalf of the American Society of Civil Engineers Witness Statement Witness Invitation Truth in Testimony and CV Mr. Dave Steindorf California Stewardship Director, American Whitewater, on behalf of the Hydropower Reform Coalition Witness Statement Witness Invitation Truth… continue reading >>


Subenergy examines hydropower and ways to modernize energy infrastructure

March 24, 2017

WASHINGTON, DC – The Energy Subcommittee, chaired by Rep. Fred Upton (R-MI), today held a hearing examining the state of the nation’s dams and hydropower resources. The subcommittee reviewed the federal licensing process and recommendations to improve coordination between government agencies, promote new infrastructure, and ensure consumers have access to reliable and affordable electricity generated from hydropower. Mr. Chuck Hookham, P.E. testifying on behalf of the American Society of Civil Engineers, discussed ways in which… continue reading >>


Hydroelectric power plant in development along Ohio River

November 9, 2016

NEW CUMBERLAND, W.Va. — On Wednesday, with little fanfare, a company held a public meeting in New Cumberland to discuss their plans for a new hydroelectric power plant. If you missed it, you weren’t the only one. There were five people in the room; three were there to learn and two were there to talk about a project that is in the very early stages. “What we are proposing is a hydroelectric power plant of… continue reading >>


New hydroelectric plant proposed for Kittanning Borough

October 12, 2016

Local officials and citizens were informed of a new hydroelectric power generating plant that may be built in Kittanning. The plant would be built on the Lock 7 dam along the shoreline of the Allegheny River in Kittanning Borough. The project is being proposed by Rye Development, with primary offices in Portland, Oregon. Rye Development Vice-President Erik Steimle led the discussion and listened to concerns raised by citizens at Tuesday’s public meeting at the Kittanning… continue reading >>


U.S. hydropower grows by going small

August 19, 2016

Hydropower expansion relies on improving existing dams. By Brett Walton, Circle of Blue Change is coming for the 90-year-old Point Marion Lock and Dam, change that could signal a new direction for America’s water and power infrastructure. More than a decade ago a steady flow of barges passed through Point Marion, on the Monongahela River in southwest Pennsylvania. Nine locks built between 1906 and 1965 sedated the lower “Mon” into a series of slackwater stair… continue reading >>


FFP New Hydro receives FERC Licenses for Yazoo River Basin hydropower projects

July 4, 2016

America’s largest portfolio of new hydroelectric projects on existing dams receives four FERC licenses for projects in the Yazoo River Basin in Mississippi. BOSTON, Jan. 20, 2016 /PRNewswire/ — FFP New Hydro LLC announced today the receipt of Hydropower licenses from the Federal Energy Regulatory Commission (FERC) for four projects located in the Yazoo River Basin in Mississippi, at existing flood control facilities owned and operated by the US Army Corps of Engineers. The four… continue reading >>


Rye Development receives FERC License for Kentucky Lock and Dam 11 hydropower project

July 4, 2016

America’s largest portfolio of new hydroelectric projects on existing dams receives FERC license through congressionally mandated 2 year licensing process for project on the Kentucky River in Kentucky BOSTON, May 11, 2016 /PRNewswire/ — Rye Development announced today the receipt of a hydropower license from the Federal Energy Regulatory Commission (FERC) for the Kentucky Lock and Dam 11 Hydroelectric Project, which is owned and operated by the Kentucky River Authority. The Project was the only… continue reading >>


Mississippi getting hydropower

July 4, 2016

Mississippi is getting closer to producing hydropower for the first time. Four dams located in Mississippi’s Yazoo River Basin – on Arkabutla, Sardis, Enid and Grenada Lakes – will be retrofitted in the next two to three years to produce enough power for more than 15,000 homes annually. FFP New Hydro, a Boston company that formed in 2010 to pursue hydro power projects at existing, non-powered dams in the United States, in January obtained a… continue reading >>


FFP New Hydro and AECOM Capital create Muskingum River Hydro Partnership to bring Ohio hydropower projects to completion

April 7, 2016

The six low impact run-of-river hydropower projects are expected to be a sustainable resource for Muskingum River communities, producing enough clean and renewable electricity to power 11,500 homes. COLUMBUS, Ohio–(BUSINESS WIRE)–FFP New Hydro LLC, developer of America’s largest portfolio of new hydroelectric projects on existing dams, and AECOM Capital, a subsidiary of AECOM (NYSE:ACM), recently announced the formation of Muskingum River Hydro LLC to develop and construct six hydropower projects on the Muskingum River in… continue reading >>


FFP New Hydro and Crestline Investors team up to deliver 21 hydroelectric projects on existing dams in the U.S.

August 25, 2015

America’s largest portfolio of new hydroelectric projects on existing dams is strengthened by financing, federal licensing approval, tax credits. BOSTON, Aug. 25, 2015 (PRNewswire) — FFP New Hydro LLC announced today the continued expansion of its hydroelectric power portfolio in the U.S. with its closing of a senior loan facility with Crestline Investors, Inc., a Texas-based alternative asset management firm, and the acquisition and integration of Rye Development, FFP New Hydro’s manager, into the company…. continue reading >>