Page 33

energetica-india-54

continues to face significant project development risk; various efforts are under way to ameliorate such risks in developed and developing countries. Hydropower An estimated 37 GW of new hydropower capacity was commissioned in 2014, bringing total global capacity to approximately 1,055 GW. Generation in 2014 is estimated at 3,900 TWh. China (22 GW) installed the most capacity by far, with significant capacity also added in Brazil, Canada, Turkey, India, and Russia. The industry continued innovation towards ever- more flexible, efficient, and reliable facilities. Demand for greater efficiency and lower generating costs have contributed to ever- larger generating units, including some 800 MW turbines. There also is significant demand for refurbishment of existing plants to improve the efficiency of output, as well as environmental performance in the face of new regulatory requirements Innovations also include variable speed technology for new and refurbished pumped storage plants, which assist in further integration of variable renewable resources Ocean Energy Ocean energy capacity, mostly tidal power generation, remained at about 530 MW RENEWABLE ENERGY in 2014. Virtually all new installations were in some form of pilot or demonstration projects. Two prominent wave energy development companies faced strong headwinds. The EU Ocean Energy Forum was launched with the aim of bringing together stakeholders for problem solving 33 energetica INDIA · NOV | DEC15


energetica-india-54
To see the actual publication please follow the link above