Extracts from the Lucid Energy FAQ [0] ....<p>How does the system work?<p>The LucidPipe™ Power System uses the flow of water inside
the PWB pipeline to spin four 42” turbines that produce electricity for PGE [Portland General Electric]. PGE purchases
the electricity from Conduit 3 as part of their strong commitment to both renewables and
local sources of energy.<p>How much energy will the project generate?<p>This is a 200 kW nameplate capacity project. The system is expected to generate an average of 1,100 megawatt hours of energy per year, enough electricity to power up to 150 homes.<p>...<p>DOE Grant – The U.S. Department of Energy awarded Lucid Energy a phase 1 SBIR grant
to field test the LucidPipe technology.<p>Investors – Lucid Energy has secured private funding from a very active syndicate of
investors including Northwest Pipe Company, the Israeli hybrid venture
capital/crowdsourcing platform OurCrowd, Star Energy and the Harbourton Fund as well as
more than $1 million from the U.S. Department of Energy. The funding is being used to
accelerate commercialization of the LucidPipe Power System worldwide<p>-----<p>Notably absent is what percentage of the power revenue Portland gets from the energy generated.<p>[0] <a href="http://www.lucidenergy.com/wp-content/uploads/2015/01/Lucid-Energy-PDX-Fact-Sheet_20-Jan-2015.pdf" rel="nofollow">http://www.lucidenergy.com/wp-content/uploads/2015/01/Lucid-...</a>