Hydropower preparation support facility
Properly planned hydro projects can provide grid stability, energy storage and flexibility for balancing more variable renewable energy sources. In addition, hydropower can contribute to meeting national targets for emission reduction to mitigate climate change, as well as providing climate adaptation services through flood protection and drought management.
The session will discuss the proposal for a project preparation tool entitled the Hydropower Preparation Support Facility (HSF). Designed to support water management and clean, renewable energy systems in developing countries, the facility would support early stage project planning to provide blueprints for the optimal development of specific projects, by ensuring that the right projects are built in the right place, and by removing barriers to private-sector engagement
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