From The Pueblo Chieftain (Patrick Malone):
The Colorado House on Tuesday unanimously passed a bill that would authorize the Public Utilities Commission to consider hydroelectric operations a renewable energy source. Sponsored by state Rep. Keith Swerdfeger, R-Pueblo West, HB1083 could open the door for a hydroelectric plant near Penrose. TransCanada’s proposed South Slope project would create up to 300 construction jobs and up to 30 permanent positions…
Also according to testimony, [pumped] hydro projects are an economical energy storage option that fits well with the emergence of wind and solar energy sources. That’s because hydro projects can fill gaps in wind and solar productivity. More than 120 hydro projects exist nationally. The barrier to more is the high up-front cost.
More 2011 Colorado legislation coverage here.