Related Articles
Forward article link
Share PDF with colleagues

Governments must act to accelerate hydropower growth - IEA

Net zero by 2050 requires capacity growth twice as fast as currently forecast through 2030

Governments must take “strong policy actions”, including financial incentives, to reverse a recent slowdown in the global growth of hydropower capacity, which has a key role to play in the transition to net-zero emissions, the International Energy Agency says. The role of hydropower in the transition to clean energy is critical as it is the world’s largest source of low carbon electricity and offers the flexibility and storage needed to stabilise power systems as the share of intermittent wind and solar grows.  But investment has slowed as the sector faces multiple challenges and risks, including lengthy permitting process for new plants and power market designs which lack support for pump

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
PE Live: Low-carbon technologies gaining momentum
30 July 2021
Green hydrogen and CCS can replicate progress of renewables but only with supportive government policy
PE Live: Transition projects need lower cost of capital
30 July 2021
Better management of project risks needed to bring down cost of capital and speed up deployment of low-carbon technologies, panellists say
Mission net zero: part three—geopolitics
30 July 2021
US-Sino tensions could hinder global co-operation on climate and divert government spending away from net-zero push
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video