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S. Rept. 115-250 1 (2018-05-21)

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                                                        Calendar No. 417
                   115TH CONGRESS }                                  REPORT
                     2d Session  JSENATE                         1   115-250





                           RELIABLE INVESTMENT IN VITAL ENERGY
                                     REAUTHORIZATION ACT


                                   MAY 21, 2018.-Ordered to be printed


                     Ms. MURKOWSKI, from the Committee on Energy and Natural
                                 Resources, submitted the following

                                         REPORT

                                         [To accompany S. 1336]
                            [Including cost estimate of the Congressional Budget Office]
                    The Committee on Energy and Natural Resources, to which was
                  referred the bill (S. 1336) to amend the Energy Policy Act of 2005
                  to reauthorize hydroelectric production incentives and hydroelectric
                  efficiency improvement incentives, and for other purposes, having
                  considered the same, reports favorably thereon without amend-
                  ment, and recommends that the bill do pass.
                                             PURPOSE
                    The purpose of S. 1336 is to reauthorize hydroelectric production
                  incentives and hydroelectric efficiency improvement incentives, and
                  for other purposes.
                                      BACKGROUND AND NEED
                    Hydropower is the nation's largest renewable energy resource-
                  providing reliable and inexpensive power to more than 30 million
                  homes. In recent years, there has been increased interest in small
                  hydroelectric project development, and in 2013, legislation was en-
                  acted to streamline the development of small hydro and conduit hy-
                  droelectric projects (Public Law 113-23). With only three percent of
                  the nation's existing 80,000 dams currently generating electricity,
                  there is growing interest in adding hydropower capacity to non-
                  powered dams. As outlined in its 2016 report, Hydropower Vision,
                  the Department of Energy found that hydropower in the United
                  States could grow from 101 gigawatts (GW) of capacity to nearly
                      79-010

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