Free Flow Power abandons Mississippi projects
MADISON, Wis. (AP) – A hydroelectric company is abandoning plans for five plants on the Upper Mississippi River.
The hydropower plants would have stretched from Red Wing, Minn., to Lynxville in Wisconsin.
Free Flow Power project development director Jon Guidroz said the projects have become economically unviable. He said the focus is on natural gas since prices are down. Also, federal tax credits many hydropower companies rely on will expire.
Guidroz tells Wisconsin Public Radio News the company may resurrect the five projects if the market changes.
Information from: Wisconsin Public Radio, http://www.wpr.org
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