The challenges and uncertainties facing the global energy system are at their greatest for almost 50 years.

Hydropower is typically subject to strong seasonality’s, driven by rainfall patterns, snowmelt and other hydrological phenomena.

Population growth and improved energy access are worldwide triggering investments in power capacity expansion. Meanwhile, hydropower is experiencing a boom in many energy portfolios, especially in developing regions where most of the untapped hydropower potential lies.

The Ministry of Power announced new rules to sustain economic viability of the sector, ease financial stress of various stakeholders and ensure timely recovery of costs involved in electricity generation.

The International Renewable Energy Agency (IRENA) produces comprehensive, reliable data sets on renewable energy capacity and use worldwide.

Global energy demand fell the most since World War-II during 2020 as the Covid-19 pandemic stalled global economic activity. According to the bp Statistical Review of World Energy 2021, world energy demand is estimated to have fallen by 4.5 per cent in 2020. This is steeper than the earlier projections for the year.

The first ever IEA market report dedicated to hydropower highlights the economic and policy environment for hydropower development, addresses the challenges it faces, and offers recommendations to accelerate growth and maintain the existing infrastructure.