Hydro Power Plant Exceeds Savings Projections for Local Taxpayers

The pioneering Hydro Power facility at the Boatslide Weir Bridge on the River Great Ouse in Bedford has exceeded income generation expectations for 2014. When the facility, which uses 'Archimedes Screw' trechnology to generate renewable energy from the fall between the upper and lower river, was opened in 2012, the estimated income generation was £32,000. However, between 01/01/14 and 31/12/14 the Hydro Power facility generated £33,400.

The figures confirm that the turbines are on course to cover all of their construction costs, including the refurbishment of the boatslide weir site, in less than 15 years. After this they will contiue to accrue savings for local taxpayers, as well as delivering major environmental benefits.

The Archimedes screw turbines have attracted school children, enthusiasts and visitor interest since their installation in 2012. The electricity generated has been used to power the lights along the Embankment River, with the remaining power being sold to the National Grid.

These figures represent the facility's first full year of operation following commissioning. The Hydro Power turbines have turned around a once derelict site in the conservation area whilst also providing clean, green and wildlife-friendly energy.

Commenting, Mayor Dave Hodgson said: "It is fantastic news that the Hydro Power facility is earning even more money for local taxpayers than was initially projected. The plant makes financial and environmental sense; generating renewable electricity from the natural drop between the upper and lower river levels. The facility will be in place for many years to come, benefitting the environment and saving taxpayers' money year after year."