) subsidiary, PPL Montana announced the allotment of a new
60-megawatt (MW) powerhouse to the residents of the region. The
company's $245 million investment in the new powerhouse replaces
a century old powerhouse at the Ranibow Dam hydroelectric
facility. This powerhouse will generate sufficient clean
electricity to power 45,000 homes.
The newly constructed powerhouse is located approximately 2,500
feet downstream from the Rainbow Dam in the Great Falls and is
200 feet from the previous powerhouse.
In addition, PPL Corporation replaced over 23 miles of
100-kilovolt (KV) power lines and structures, improved the
substations at each plant, and fixed a new Crooked Falls
switchyard. Currently, water runs through a 2,500-foot power
canal and a 25-foot diameter penstock to the new turbine
This venture will help PPL Corporation to improve the competence
and reliability of the electrical systems by linking five hydro
plants of the Great Falls to NorthWestern Energy's grid.
PPL Corporation started its development process at the new
facility in Oct 2009 and finished the same at the beginning of
2013. This facility commenced commercial operation from Apr 2013.
The project created over 200 construction jobs in the locality.
In addition, the venture will increase Rainbow's generating
capacity by 70% without the need for building new and big dams.
We note that utilization of renewable energy for electricity
generation is increasing primarily due to its clean nature and a
growing consciousness among the masses about its benefits. This
has influenced utility providers to shift their energy mix to
water, solar and wind from fossil fuels.
In fact, several countries have rolled out mandates for
minimizing pollution level for power generation. In Aug 2005, the
U.S Environmental Protection Agency circulated a regulation that
each of the federal agencies will consume renewable
energy-fuelled power of not less than 7.5% in 2013 and onward.
To fulfill the environmental legislations, most of the utility
providers invested substantial amounts for developing and
upgrading their renewable utility assets. Apart from PPL
Corporation, other utility providers including
NRG Energy, Inc.
) are investing heavily to develop and upgrade their renewable
emission-free utility assets to comply with stringent
Fossil fuels still remain the most popular fuel source among
energy producers owing to its abundance in the U.S. but it
continues to face tough competition from the renewable power
Allentown, Pa.-based PPL Corporation is an energy and utility
holding company. The company currently has a Zacks Rank #3
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