Hydropower in Europe: The Alps, Scandinavia and South-eastern Europe – rich in opportunities
In Europe nearly 40% of the economically viable hydropower potential is still not being tapped, according to Deutsche Bank Research. The ever-increasing price of fossil fuels as well as environmental and climate policy readjustments make hydropower a winning proposition. Also, the technologies involved are very mature, no climate-damaging emissions are generated and no fuel purchase costs are incurred. Furthermore, small-scale power plants in particular are accepted by the public. Hydropower outscores the new renewables by offering high levels of efficiency and greater flexibility. In addition, it is a multiple-use resource. Interesting opportunities for sustainable investments with a highly attractive risk-reward profile are offered not only by those countries with huge potential in the Alps and in Scandinavia but also in particular in South-eastern Europe. More...