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Permit for South Maui Hydro Power Project Canceled

It may be the end of the road for a South Maui hydro power project.
December 04, 2015

Permit for South Maui Hydro Power Project Canceled

South Maui Real Estate

A lot of interesting developments are marching right along here, including several South Maui real estate projects, but an interesting twist recently came down the pipeline regarding a pumped hydro storage project. The project's preliminary permit was canceled by the Federal Energy Regulatory Commission because of a failure to submit progress reports on its feasibility study.

South Maui Pumped Storage LLC is the developer, and filed an application with FERC for the 30-megawatt project, which it planned to connect to Sempra Gas & Power's 21-megawatt Auwahi wind farm up at Ulupalakua Ranch.

For those of you who aren't sure what a "pumped hydro storage" project is, you're not alone. It's a process involving cheap solar or wind energy acquired during the day to pump water uphill to a reservoir. At night, the water is released, and runs down the pipe, turning a turbine, thereby generating electricity. It basically shifts the energy flow from the excess of day to the scarcity of night.

This strategy is considered by many to be a key piece of the puzzle in helping the state transition to its 100 percent energy goal. Time will tell how efficient that approach is, but trial and error is the way most important discoveries are made, alongside total accidents which reveal something helpful and unexpected.

Since the developer didn't end up submitting the reports on time, this particular project may be on hold indefinitely. According to the FERC, the developer got a 30-day warning that the reports were overdue, and never got a response. Perhaps the situation will become clearer in time. Regardless of the outcome of this particular project, it's likely we'll see more like it here in South Maui in the future.

Blogs for December 2015

November Maui Real Estate Market Performance

Posted on December 25, 2015
November Maui Real Estate Market Performance

Interested in Maui real estate trends? The savvy buyer will keep track of the fluctuations in the market to choose the best investment at the best time. With that in mind, November's statistics should be interesting, and when the data is released for December, we'll… Continue Reading

New Condominium Project Planned for Kihei

Posted on December 18, 2015
New Condominium Project Planned for Kihei

A $13 million, 39-unit hotel-condominium project is in the works for Kihei via Victory Development Inc. and headed by realtor Greg Walker, an owner of Maui's Victory Realty LLC. The development would be located near the Kihei Kai Nani hotel-condominium.

The "Nani Loa Condominium-Hotel"… Continue Reading

Department of Energy Highlights Hawaii's Clean Energy Efforts

Posted on December 11, 2015
Department of Energy Highlights Hawaii's Clean Energy Efforts

The United States Department of Energy recently praised a handful of states, including Hawaii, for innovative clean energy financing programs that inspire investments. Hawaii's Green Energy Market Securitization (GEMS) program especially drew attention from the Department of Energy for its success in driving… Continue Reading

Permit for South Maui Hydro Power Project Canceled

Posted on December 04, 2015
Permit for South Maui Hydro Power Project Canceled

A lot of interesting developments are marching right along here, including several South Maui real estate projects, but an interesting twist recently came down the pipeline regarding a pumped hydro storage project. The project's preliminary permit was canceled by the Federal… Continue Reading

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Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

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