Hudson River

Hudson River project gets tax credits for additional generation

The Federal Energy Regulatory Commission (FERC) has certified additional electricity generation at the Hudson River hydroelectric project as being renewable energy eligible to receive tax credits.Erie Boulevard Hydropower LP, the licensee for the project, stated in its application filed on September 29 that replacement and installation of new turbine generators would increase electricity generation by 10.94%.The increase in generation comes from upgrades at the Sherman Land development which will increase its c