Briefing on Newfound Hydroelectric

Newfound Hydroelectric, a 1 MW plant operating since 1983, has experienced a drastic 86% reduction in generation over the last six months.

Overview

• Newfound Hydroelectric is a 1 MW conventional hydroelectric plant in New Hampshire.

• It has been operating since 1983 and is currently operational.

• The plant is operated by Eagle Creek Renewable Energy, LLC and owned by KTZ Hydro, LLC.

• It is connected to the ISO New England grid.

Operational Performance

• The plant has an annual generation of 4 GWh with a capacity factor of 33.2%.

• Recent generation data shows 0 GWh for October, November, and December 2024.

• Generation has shown a significant downward trend of 86% over the past 6 months compared to the prior 6 months.

Financial Profile

• The reported Capital Expenditure (CapEx) for the plant is $2294/kW (Source: eia_agg_cost).

Newfound Hydroelectric, a long-standing conventional hydroelectric facility, demonstrates a concerning recent decline in generation despite its established operational history. The significant drop in output could indicate operational challenges or reduced water availability, impacting its overall contribution to the ISO New England grid.