Wednesday 15 May 2019 | 12:50-13:50 | room: Mansart
Hydropower is the dominant source of renewable electricity generation in North America and will continue to play an essential role towards achieving both the Sustainability Development Goals and the targets set out in the Paris Agreement.
Although growth in hydropower in North and Central America remains modest compared to other regions, there is increased focus on pumped storage projects with 510 MW of new installed capacity added in 2017. Around a quarter of this came from pumped storage, to take total installed capacity to 203.1 GW. Hydropower’s role in the clean energy mix will evolve, as more intermittent renewable energy sources such as wind and solar are deployed; particularly in the US.
In Canada, major storage projects under construction include Keeyask generating station in Manitoba, Site C in British Columbia, Muskrat Falls in Newfoundland and Labrador and Romaine-4 in Quebec. In the United States, 140 MW of installed capacity was added through retrofits to existing facilities. Of particular interest for business strategies in North America are the opportunities for power export within the region.
This session will present the latest trends and developments shaping the region including an update on new hydropower capacity and major refurbishments in the region and an overview of major policy updates impacting hydropower such as carbon and environmental policies.