Hydro

India’s long-term annual economic growth rate is projected at over 7%, and the country is investing in its hydroelectric, nuclear, and renewable resources. However, the primary fuel used to produce electricity remains coal, and the government has ambitious plans to significantly increase coal-fired capacity. Those plans have been challenged by a number of unexpected factors that threaten to stifle India’s economic growth. India’s long-term annual economic growth rate is projected at over 7%, and the country is investing in its hydroelectric, nuclear, and renewable resources. However, the primary fuel used to produce electricity remains coal, and the government has ambitious plans to significantly increase coal-fired capacity. Those plans have been challenged by a number of unexpected factors that threaten to stifle India’s economic growth.

Panelists at ELECTRIC POWER discussed how U.S. utilities choose renewable power generation technologies based on their geographic locations, state requirements, economics, and other criteria—including reliability and federal regulations.

The U.S. hydropower industry has undergone a renaissance in recent years. One of the major drivers of the industry’s growth, the establishment of the production tax credit (PTC) for hydro, has seen strong policy support from our elected officials in Washington, D.C. More than any other federal policy, tax incentives, particularly the PTC, have sparked a level of growth in the industry not seen in nearly two decades.

The March 2011 Japanese earthquake and tsunami that destroyed a number of Japanese power plants—most notably, four nuclear units—hit quickly. Almost as speedy were calls to take all other nuclear units out of service for safety reviews. What will take much longer is developing a new, sustainable energy plan to fill the generation gap left by a potential total lack of nuclear power.

New coal and nuclear power plants aren’t the only ones facing opposition. Several countries that are struggling to alleviate chronic power shortages are facing hurdles as they attempt to build new hydropower plants. Here are some massive projects riddled with setbacks caused by everything from social and environmental protests to funding collapses.

For the past 15 years, Vietnam has enjoyed enviable gross domestic product increases, averaging 7% annually. That kind of economic growth increases power demand, but financing new capacity remains a challenge. Reaching its ambitious capacity growth goals will require Vietnam to expand its financing and vendor base, attract foreign investment, and ensure future fuel supplies in a region thick with competition for those resources.

Brazil’s power industry has long been dominated by its vast hydro resources, which historically have accounted for over 80% of the country’s generation capacity. With engineering marvels like the massive Itaipú dam and the proposed Belo Monte project, the country is a leader in the development and use of hydroelectricity on a grand scale. But as the 2001 energy crisis proved, dependence on a single source leaves the country vulnerable to severe shortages. Thanks to government programs designed to take advantage of the country’s favorable climate, Brazil is committed to diversifying its energy mix while continuing to maintain a renewable energy focus.

Driven by policies to limit carbon emissions, as well as government subsidies, the share of worldwide nonhydro renewable power is set to grow from just 3% in 2009 to 15% in 2035, the International Energy Agency (IEA) forecasts in its recently released World Energy Outlook 2011. Under the same scenario—which assumes that carbon pricing, explicit […]

South Africa is at a critical turning point. An uncertain environment for private investment, escalating electricity prices, and a lack of available power threaten South Africa’s position as an attractive investment destination for many of the country’s most important industries. Power has been placed at the forefront of the government’s agenda, but South Africa needs a collaborative effort to meet the country’s energy demands and diversify its generation portfolio in order to drive economic growth.

China’s efforts to build the Myitsone Dam—a $3.6 billion hydropower project planned at the confluence of the Mali and N’Mai Rivers at the source of the Irrawaddy River in Burma’s Kachin State—were thwarted in late September after Burma’s President Thein Sein suspended construction “to respect the will of the people.”