FERC approves licensing and installation of hydrokinetic power station
The city of Hastings, Minnesota will soon rely on broadly patented technology from Hydro Green Energy to generate clean, emissions-free hydrokinetic power from the Mississippi River. Hydrokinetic power refers to the generation of electricity from moving water without impoundments or diversionary structures that are typically used at conventional hydropower facilities. Hydro Green Energy's technology operates in open rivers, tidal areas and oceans. Wayne Krouse, chairman and CEO of Hydro Green Energy, said: "The Federal Energy Regulatory Commission (FERC) has made history with the Hastings order. Hydro Green Energy fully applauds all of the commissioners for their leadership, as well as their commitment to ensuring that the US enjoys a cleaner and more secure energy future."