Hydropower – Largest, most efficient and mature form of renewable clean energy

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Being a 16% share of the world's energy mix, hydropower is the most mature source, the largest and most efficient form of renewable clean energy with more than 100 years track record. It is also the most flexible, being suitable for peak, base-load production or pumped storage. Because it produces zero greenhouse gases (CO2-free) during operation and only one third of the available hydropower in the world is as yet harnessed, hydropower generation is destined to continue to grow rapidly. Advantages of Hydropower: So far, hydropower currently supplies about 16% of the world's electricity needs, but only about 30% of global hydropower resources have been developed. Compared to other energy sources, hydropower offers some important advantages: * Hydropower is a well-proven and efficient form of power generation. * ROI-periods of hydropower plants are usually 6-10 years after successful installation and test-run. * Hydropower contributes significantly to the reduction of greenhouse gas emissions. * Hydropower is a clean form of energy and leaves no environmentally harmful residues. * Hydroelectric power generation is cost-efficient and not sensitive to fuel price increases. * In many regions of the world, hydropower reservoirs are also vitally important for water supply, irrigation, and flood protection. * Civil construction work for hydropower plants creates local jobs and supports the regional economies. * Water is a renewable source of energy and hydropower conserves fossil fuel resources.