Rye Development Advances Progress at Lewis Ridge Pumped Storage
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Monday, October 24, 2022
BELL COUNTY, Ken., Oct. 24, 2022 /PRNewswire/ -- Rye Development (Rye), a leading U.S. hydropower developer with a current pipeline of over 25 projects in 10 states, has filed their Pre-Application Document (PAD) and Notice of Intent to file a License Application to the Federal Energy Regulatory Commission (FERC) for the Lewis Ridge Closed Loop Pumped Hydropower Storage project (Lewis Ridge) in Bell County, KY.
Key Points:
- BELL COUNTY, Ken., Oct. 24, 2022 /PRNewswire/ -- Rye Development (Rye), a leading U.S. hydropower developer with a current pipeline of over 25 projects in 10 states, has filed their Pre-Application Document (PAD) and Notice of Intent to file a License Application to the Federal Energy Regulatory Commission (FERC) for the Lewis Ridge Closed Loop Pumped Hydropower Storage project (Lewis Ridge) in Bell County, KY.
"The PAD filing for Lewis Ridge is an important milestone in the development process," Paul Jacob, CEO of Rye. - Lewis Ridge is a closed-loop pumped storage project, utilizing a mature and proven technology that currently represents over 90% of grid-scale storage worldwide.
- "The PAD filing for Lewis Ridge is an important milestone in the development process," said Paul Jacob, CEO of Rye Development.
- "That is why we're proud to support Rye Development's Lewis Ridge project, which will represent a projected $1+ billion investment into Eastern Kentucky.