Hydroelectric Power : A Guide for Developers and Investors
Worldwide, hydropower is a crucial power supply option for several reasons. First, it is a renewable energy resource that can contribute to sustainable development by generating local, typically inexpensive power. Second, hydropower reduces relianc...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/09/25005720/hydroelectric-power-guide-developers-investors http://hdl.handle.net/10986/22788 |
| Summary: | Worldwide, hydropower is a crucial power
supply option for several reasons. First, it is a renewable
energy resource that can contribute to sustainable
development by generating local, typically inexpensive
power. Second, hydropower reduces reliance on imported fuels
that carry the risks of price volatility, supply uncertainty
and foreign currency requirements. Third, hydro systems can
offer multiple co-benefits including water storage for
drinking and irrigation, drought-preparedness, flood control
protection, aquaculture and recreational opportunities,
among others. Finally, hydro can allow more renewables,
especially wind and solar, to be added to the system by
providing rapid-response power when intermittent sources are
off-line, and pumped energy storage when such sources are
generating excess power. For more publications on IFC Sustainability please visit www.ifc.org/sustainabilitypublications. |
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