Thursday 16 May 2019 | 09:30-10:45 | Eiffel 1
As electricity grids become more interconnected, hydropower will increasingly supply not just national but regional needs. Future energy systems will pool energy resources spanning geographical areas, enabling hydropower to work together with other renewables.
Hydropower has offered baseload and grid balancing for decades, and as market integration continues, new synergies between adjacent grids can be captured. For example, high voltage transmission can connect remote hydropower resources over long distances to market centres, or extend access to flexible pumped storage in areas where high wind and solar needs storage.
However development of cross-border grid connections can be challenging, given the complexity and cost. This session will gather experts from around the world with experience in regional interconnections, to discuss existing schemes,
planned projects, and power pools. A key focus will be sharing lessons learned, and hydropower’s potential for region-wide markets.
Universal access to energy services by 2030 is a key Sustainable Development Goal (SDG 7), with international cooperation highlighted as an important objective. Export of hydropower’s low cost, reliable and flexible electricity across territories and national borders already brings benefits, and can be a key driver for investment.
The session will highlight the benefits of regional interconnection and hydropower potential for region-wide markets. A key objective will be understanding what models help the development process.