Energetica India - June 2020

HYDRO POWER targets. Necessary support may include fast-tracking planning approvals, intro- ducing tax relief or low-interest loans where needed to ensure viable projects can commence, extending deadlines for existing government programmes, and properly compensating hydropower’s flexibility services. Toward this effort, IHA is building coa- litions and engaging decision-makers to help ensure that sustainable and re- sponsibly managed hydropower – con- structed and operated in accordance with international good practices – is recognised as indispensable for our en- ergy, water and climate needs. 2019 Generation and Capacity Statistics Recordgeneration Hydropower generated a record 4,305 TWh of clean electricity worldwide, sur- passing the 4,200 TWh recorded for 2018in last year’s Hydropower Status Report. This came after projects totalling 15.6 GW in capacity were put into oper- ation, increasing total global hydropower installed capacity to 1,308GW in 2019. Fifty countries added hydropower ca- pacity in 2019. The countries with the highest individual increases in installed capacity were Brazil (4.92 GW), China (4.17 GW) and Laos (1.89 GW). With the installation of its 18th turbine, the 11,233 MW Belo Monte project in Brazil became fully operational in 2019, while other major projects include Xay- aburi in Laos (1,285MW), Wunonglong in China (990 MW), Mangdechhu inBhutan (720 MW). During 2019, India overtook Japan as the fifth largest world hydropower su - perpower with its total installed capacity now standing at 50.07 GW. Figure 1. Chart of top 10 countries by new installed capacity in MW Table 1. Capacity addition in 2019 Figure 2. Hydropower capacity by region (GW) Hydropower Growth in Context In order to limit the global temperature, rise to below 2°C above pre-industrial levels, IRENA in its ‘Transforming Energy Scenario’ suggests global hydropower capacity would need to increase by 25 per cent by 2030, and by 60 per cent by 2050. This equates to around 850 GW in additional installed capacity over the next 30 years – roughly the same as add- ing the European Union’s entire power system capacity. To reach the 2050 target, the yearly av- erage growth in hydropower capacity would need to reach an estimated 2.0 per cent a year on average. In the five years between 2015 and 2019, the average year-on-year growth in installed capacity was 2.1 per cent. In 2019, the growth rate was 1.2 per cent. Annual growth in installed capacity can however vary considerably depending on when major hydropower projects, which take years to develop, become operational. Notwithstanding, this under- lines the need for investment in hydro- power to increase significantly over the next decade and more. Figure 3. Hydropower installed capacity growth, 2015-2019 Source: - 2020 Hydropower Status Report Sector trends and insights, IHA. energetica INDIA- June_2020 59