Energy generated from hydropower is an essential part of the solution to the climate change challenge.
When produced responsibly, hydropower production also impacts positively on local communities, benefits the local infrastructure, creates jobs and contributes generally to sustainable regional development. Using the energy of flowing water, without depleting it, means all hydropower projects meet the definition of renewable. A technology that has been known and proven for over a century, the impacts of hydropower are well understood and manageable through mitigation and enhancement measures. It offers vast potential and is available where development is most needed.
Of all renewable energy sources, hydropower is the most important and most widely used. Worldwide, it currently provides 19% of the global electricity supply. In Norway this increases to 98%. Significantly however, worldwide, around two-thirds of economically feasible hydropower potential is currently undeveloped. Untapped hydro resources are still abundant in regions such as Latin America, Central Africa, India and China. Countries here also have the highest numbers of people currently without access to electricity.
SN Power is wholly owned by NORFUND, Norway’s Finance Development Institution. SN Power is a long term industrial player committed to sustainable development, profitable growth and integrity. We are the only hydropower company that operates solely in emerging markets. SN Power cooperates with several Norwegian regional utilities and builds on the Norwegian 100+ years experience of developing, owning and operating hydropower plants.
Meets fluctuating demand
Hydropower facilities offer operational flexibility and can therefore respond to fluctuating electricity demand.
Supports other renewables
Flexibility and storage capacity means it can support the use of intermittent renewables such as wind or solar power.
Unlike fuel or natural gas, hydropower is not subject to market fluctuations.
Improves grid stability and reliability
Electricity generated from hydropower can be placed on the grid faster than any other energy source and can go from zero power to maximum output rapidly and predictably. This makes it well-suited to meeting changing loads and providing ancillary electrical services that maintain the balance between electricity supply and demand.
Helps fight climate change
The hydropower lifecycle produces very small amounts of greenhouse gases (GHGs). By offsetting GHG emissions from gas, coal and oil fired power plants, hydropower can help slow global warming.
Can reduce pollution
Hydropower plants produce no air pollutants or toxic by-products. Where replacing fossil-fuelled generation, acid rain and smog can be reduced
Makes a significant contribution to development
Hydropower facilities bring electricity, roads, industry and commerce to communities, thereby developing the economy, improving access to health and education, and enhancing the quality of life.
Contributes to freshwater storage
Hydropower reservoirs collect rainwater, which can then be used for drinking or irrigation.
Hydropower projects can benefit several generations. They have low operation and maintenance costs and can easily be upgraded to incorporate the latest technologies.