Tennessee sells hydropower to lure jobs
November 4, 2021
For years, Washington State masked its high business and regulatory costs with low priced, reliable electricity – lots of it. However, Tennessee packages low cost, reliable electricity along with a very favorable business climate to lure new billion dollar auto industry investments.
Today, costs of electricity are more important than ever and investors want CO2-free electricity at their facilities. Hydropower fits that requirement.
As an example, Ford and SKI Innovative just announced an $11.4 billion partnership to build the next generation F-150 Lightning (all electric pickup truck) a...