DRP News Bulletin

DRP NB 21 Sep 2020: IHA President accepts-Hydro faces massive slowdown & worse

International Hydropower Association (IHA) is essentially global leader of hydropower lobby. So when IHA President Roger Gill speaks about the problems hydro industry is facing, it becomes very interesting for all concerned.

In this interview the Roger Gill makes it clear that Hydro investments have been slowing down in last five years when compared with investments in immediate earlier decades. It has further slowed down in 2019 and has been further majorly affected by Covid-19 pandemic. Gill also accepts that the hydro is perceived as much more risky compared to solar and wind. The claim he makes of low levelised cost of electricity from hydro projects is a bit of fiction, since cost of any under construction or new hydro will be hugely costlier than solar and wind power projects. The IHA president is catching at the straws when he takes encouragement from investments in existing hydro projects and pump storage, though he keeps making it clear that market is still unclear as far as pump storage tariffs are concerned. A friendly interview also reveals a lot!!

It is high time that the Indian hydropower lobby led by NHPC and power ministry takes due note of the realities and would not push unjustified, unviable and destructive hydropower projects down the throats of reluctant states and people, using scarce public resources.https://energy.economictimes.indiatimes.com/news/power/hydro-power-requires-100-bn-investment-annually-roger-gill-international-hydropower-association/78131561 (17 Sep 2020)

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