Global Renewables Alliance’s Post

Future Opportunities in #HydropowerDevelopment : As the world shifts towards #cleaner #energy solutions, the spotlight often falls on technologies like solar power. However, amidst this transition, there remains an overlooked potential in #hydropower investments, acc. to a recent report which highlights significant untapped potential, especially in smaller hydropower projects producing up to 30MW of power. " #Hydropower Investment Landscape " report conducted by National Renewable Energy Laboratory NREL outlines several key findings for #hydropowerdevelopment.: - Medium-Sized projects offer significant opportunities: The pipeline for medium-sized #hydropower projects, with a capacity exceeding 1GW, includes a variety of development options such as capacity additions, non-powered #dam retrofits, and #hybrid projects combining multiple #renewable technologies. -Innovative technologies present opportunities: Modular #conduithydropower, non-powered dam resources, #hybridplant configurations, and closed-loop #PSH systems represent avenues for future investment and development. #Hydropower #Dam #HEPP #HybridPlant #PumpedStorageHydropower #HydroelectricEnergy #HydropowerInvestmentOpportunities #WaterPower International Water Power & Dam Construction https://lnkd.in/eK5zVEKQ

While I'm having a great time here at SXSW in Austin this week talking about marine energy, my colleagues Tessa Greco Corey Vezina Herbie Johnson and others are over at the National Hydropower Association supported Water Power Week in DC talking about investment opportunities in hydropower! "As the world continues to transition away from fossil fuels, low-carbon sources of firm power will be increasingly critical to maintain the electric grid's reliability. Hydropower already serves as a force multiplier for other renewable energy sources, and the value of this reliability and flexibility will continue to increase. Investors who understand this dynamic may wish to take another, closer look at opportunities to support hydropower projects." https://lnkd.in/eudWKCBJ

With the clean energy transition well underway, there is plenty of exciting news about increasing deployment of renewable energy solutions like solar. Yet as more of these variable renewables connect to the grid, there is an increasing need for firm, flexible, and renewable power and storage to balance supply and demand. #renewables #power #energy #wind #offshore #onshore #solar #hydropower #floating #nuclear #geothermal #efficiency #transition #susteinability #circular #economy #esg #clean #decarbonization #electrification #climate #hydrogen #mobility #greensteel #ammonia #transportation #storage #fuelcell #smartgrid #der #powersystem #generation #transmission #distribution #electricity #machines #drives #sensors #iot #education #engineering #innovation #entrepreneurship #creativity #technology #digitalization #cybersecurtity #metering

A long-time renewable energy source, hydropower is poised for a modern makeover. 🌊⚡ Check out the new Hydropower Vision Roadmap that charts a path towards a shared vision for hydropower in 2050:

𝐥𝐞𝐭'𝐬 𝐭𝐚𝐩 𝐢𝐧𝐭𝐨 𝐡𝐲𝐝𝐫𝐨𝐩𝐨𝐰𝐞𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐧𝐨𝐰!  🌊Thousands of nonpowered dams in the US offer potential for up to 96% of the nation's energy storage capacity. Similar opportunities exist worldwide.💡 Bizbell Ventures Bizbell Energy Hydro Village Nepal Portfolio Energy Sushmit Energy #hydropower #renewables #renewableenergy #national #energy #storage #capacity #opportunities #worldwide #dams #worldwide #investment #financial #capacities

Not only in the United States but across numerous countries worldwide, the volume of underutilized or in-need-of-renovation hydraulic infrastructure along waterways has the potential to generate substantial quantities of decarbonized energy, thereby drastically reducing our reliance on fossil fuels. 💦 Since its establishment, Hyvity has focused on assessing existing reservoir infrastructure and on the redevelopment of hydraulic facilities requiring renovation to enhance their performance and meet the highest international standards. Equipping or renovating existing facilities significantly reduces the environmental and social impacts of such projects, enabling the production of virtuous energy for the benefit of future generations. 🌱 🌲 🌳 #Hydropower #Renewable #FutureGenerations #ClimateChange

The International Hydropower Association (IHA) has released its Annual Report for 2023/24, highlighting a year of significant achievements and transitions. As Roger Gill passed the presidency to Malcolm Turnbull, the IHA made substantial strides in promoting sustainable hydropower as a key player in the global energy transition. Among the landmark events of the year was the introduction of the inaugural World Hydropower Outlook, a comprehensive report outlining the future potential and challenges for hydropower development worldwide. This document sets out a realistic roadmap to enable hydropower and other renewables to deliver against net zero targets. Another major development was the launch of the Hydropower Sustainability Alliance, an initiative designed to enhance the industry’s commitment to sustainability and responsible practices. This alliance brings together key players from across the sector to share best practices and drive continuous improvement. The IHA also hosted its largest-ever in-person World Hydropower Congress, bringing together leaders, experts, and stakeholders from around the globe to discuss and collaborate on the future of hydropower. This event underscored the increasing recognition of hydropower’s vital role in achieving global renewable energy goals. Read more: https://lnkd.in/ebuzkufB #hydropower #hydroelectric #sustainability #withhydropower

Now is the time to tap into hydropower investment opportunities! A new report by the National Renewable Energy Laboratory in the US has found that less than 3% of the more than 90,000 dams in the country produce power, with thousands of nonpowered dams offering excellent opportunities for investment. With much of the work needed being retrofitting, it reveals that hydropower can provide up to 96% of the nation's utility-scale energy storage capacity with the right investment. Read the report here - https://lnkd.in/ecQ8qMEp #WithHydropower #Storage #US #Renewables

It Is Time To Tap Into #HydropowerInvestmentOpportunities. : With the #cleanenergytransition well underway, there is plenty of exciting news about increasing deployment of #renewableenergy solutions like solar. Yet as more of these #variablerenewables connect to the grid, there is an increasing need for #firm, #flexible, and #renewablepower and #storage to balance supply and demand. One #potentialsolutionishydropower, which has long proven it can meet that need and provides 96 % of the nation's utility-scale #energystorage capacity. In fact, #hydropower's longstanding reputation as a #reliablesourceofenergy and #storage may ironically be one of the reasons people often assume it is "tapped out" of investment opportunities, but this is not the case. Far from being tapped out, hydropower, including #pumpedstorage hydropower (#PSH), still has enormous potential for growth, particularly for small- and medium-sized projects (or those that produce up to 30 MW of power). Dams that do currently produce power can often be updated to increase capacity. There are also millions of miles of waterways, including both rivers and canals, that can be utilized for in-stream hydropower. Key findings of a new report, Hydropower Investment and Public-Private Ecosystem Assessment, developed by the National Renewable Energy Laboratory (National Renewable Energy Laboratory), providing a comprehensive analysis of both the risks and opportunities for investing in small- to medium-sized hydropower and PSH projects. : #Mediumsizedprojects offer significant opportunities for low-impact hydropower development. The current medium-sized project pipeline includes projects with a total capacity of more than 1 GW and involves capacity additions, nonpowered dam retrofits, hydropower generation in conduits, PSH, new stream-reach development, and hybrid projects that combine multiple renewable technologies. New #technologyinnovations and the variety of sites on which #hydropower could be developed present potential opportunities for future investment. Top areas of interest include: Modular conduit hydropower , Nonpowered dam resources , Hybrid plant configurations and Closed-loop PSH innovation. Investors surveyed for this study generally expressed the greatest level of interest in supporting capacity additions at existing facilities. With a connection to the grid already established, these existing facilities offer critical opportunities to increase clean energy production. #Hydropower #RenewableElectricity #Storage #Flexibility #3xrenewablesWithHydropower International Hydropower Association (IHA) https://lnkd.in/dKv6qRHW

#PumpedStorageHydropower - #PSH plays a crucial role in supporting the global shift toward #renewableenergy.; A new #guide aimed at reducing investment risks in #pumpedstoragehydropower (#PSH) projects was released. The guide, titled “Enabling New Pumped Storage Hydropower: A guidance note for decision makers to de-risk investments in pumped storage hydropower,” offers recommendations to help key decision-makers navigate the development and financing of PSH projects. #IHA President Malcolm Turnbull highlighted the importance of #longdurationenergystorage, stating: “The failure to adequately focus on this need for long duration #electricitystorage is the ignored crisis within the energy crisis. #PSH has the unique capacity to resolve this challenge at huge scale, well beyond the reach of even the largest #batteries. #Pumpedhydro systems can also provide #inertia and #gridstability without reliance on fossil fuels. The recommendations within this guidance note set a course for delivering the #energystorage solution the world needs. Policymakers and the industry need to act on these recommendations now to be in with a chance of meeting net zero goals by 2050.” #IHA CEO- Eddie Rich : #PumpedStorageHydropower (PSH) is the most effective #longdurationenergystorage solution at scale. #IHA Senior Energy Policy Manager Rebecca Ellis : ....we noted that the pipeline of projects is strong and the need for #hydropower, and especially #PumpedStorageHydropower, will be critical for our evolving #electricity and #water needs of the future. #Hydropower #PumpedStorageHydropower International Water Power & Dam Construction International Hydropower Association (IHA) Pablo Valverde Debbie Gray Helen Barbour-Bourne Emanuele Quaranta Mariana Empis Laura Monikowska Gemma Regniez MSc, FRSA Eleonora Rinaldi Laura Monikowska