Essay about Hydro Power
Run of the river with pondage would be the best suited option in India because * Operational, running and maintenance costs are low compared to other schemes of hydroelectricity. * It is a clean, pollution free and eco-friendly source of energy. * It is the only source of electricity generation in hilly and remote, inaccessible areas where generation from other sources or transmission of power over long distances would not be feasible. Cost of building the plant and return on investment is fast compared to large hydro and hence would attract many private investors to invest. * Rehabilitation and resettlement which is the major …show more content…
* Overall Development: As hydro plants are located in difficult area their setting up improves the Road Rail link communication, they provide employment and gear up the economy of that region.
Thus all the above factors make the hydro projects economical when compared to other type of projects.
* WRITE A PARAGRAPH AS TO HOW YOU PLACE HYDRO WITH RESPECT TO THE FOLLOWING:
* NATIONAL ECONOMY
Hydropower projects are one of the key to achieving economic self reliance.
It significantly contributes to the GDP growth of the country. For example, China has become second largest economy in the World reaching the largest Hydro installed capacity in the world (171,000 MW), commissioning the world’s largest Hydro- Three Gorges 22,500 MW.
Brazil has surpassed Canada’s GDP by building 75% hydro capacity including world’s second largest Hydro- Itaipu 14,000 MW against 57% hydro in Canada.
Figures below show the GDP of the few largest economies with the contribution of hydro in the energy mix. It is worth noting how hydro has played a phenomenal role in driving the progress of these economies. Their electricity sector is immensely