Hydropower is affordable and environmentally friendly, but it has one major drawback – its reliance on rainfall. In periods of low water supply, hydropower producers have to import energy, at some cost, and governments often must intervene. Energy economists Luciano Canale, Gazmend Daci, Hilda Shijaku and Christoph Ungerer of the World Bank discuss ways of making hydropower more reliable and cost-efficient. Anyone interested in financing alternative energy sources will find this report illuminating.
About the Authors
Luciano Canale et al. are energy specialists and economists at the World Bank.