Work on Carter Lake plant to start in fall
BERTHOUD, COLORADO - Construction is set to start this fall on a hydropower facility on Carter Lake in northeast Colorado.
The Greeley Tribune reported that the plant will produce enough power for about 1,000 homes in an agreement with the Poudre Valley Rural Electric Association.
The Northern Colorado Water Conservancy District will own and operate the $6 million project. The district owns Carter Lake, one of the reservoirs that delivers water to communities and farms on the eastern plains.
Poudre Valley REA officials say the project shows their commitment to pursuing renewable energy resources. The REA has more than 35,500 customers in Weld, Larimer and Boulder counties.
The plant will produce 7 to 10 million kilowatt hours of energy with its completion in mid-2012.
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Carol Bellringer says in the audit that B.C. Hydro’s assets are valued at more than $25 billion and even though some generating facilities are more than 85 years old they continue to operate near full-capacity.
The report says about 80 per cent of Hydro’s assets are dams, generators, power lines, poles, substations and transformers that are used to provide electrical service to B.C.
The audit says Hydro invested almost $2.5 billion to renew, repair or replace the assets it…