Advantages of Hydro Power Several advantages associated with hydropower are: - non- polluting, clean and environment friendly energy
- renewable source of energy
- lower cost of generation, operation and maintenance than other sources of energy
- ability to start and stop quickly
- immediate load acceptance/rejection makes it suitable to meet peak demand, and for enhancing system reliability and stability
- long operating life
- cost of generation free from inflationary effects after the initial installation
- low per unit cost in comparison to other forms of energy
- most feasible form of energy for carbon credits
- storage based hydro schemes provide benefits of flood control, irrigation, drinking water supply, navigation, recreation, tourism and aquaculture, and opening of avenues for development of remote and backward areas
| Relevance of Hydro Power for Nepal For Nepal, hydropower is the best energy alternative for the following reasons: - puts minimum strain on resources
- water being abundant domestic resource, minimizes foreign dependency on energy
- Nepal can derive and harness all the associated benefits
- can serve as the backbone for the overall socio-economic development
- significant export potential and thus huge opportunity to balance its present trade imbalances
- real possibility to earn huge sums of foreign exchange as secondary benefits in terms of carbon credit
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