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
Strong policy push needed to reduce oil and gas demand
14 October 2021
Mismatch between tightening supply and continued demand will result in continued volatility unless action taken on demand side, says IEA report
US to offer up to seven offshore wind leases by 2025
14 October 2021
Government aims to fire up key renewables sector with increased certainty and transparency for potential developers
Lightsource BP solar project to meet steel mill’s power demand
13 October 2021
Solar developer launches largest US onsite solar facility dedicated to a single customer
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video