One inescapable measure of investment, is return on investment (ROI). The type of ROI depends on the type of investment. Measuring or viewing ROI from the point at which newly built and commissioned hydroelectric facilities begin generating power requires several lenses.
One of the more active areas of hydropower development right now is pumped storage. Particularly in regions where renewables like wind and solar are making a significant contribution to national power grids, the advantages of energy storage on a massive scale - sustained, sustainable and usable - cannot be over stated. This has been engendered by the push towards forms of renewable energy that are notorious for variable and largely unpredictable output.
I live in Oklahoma, and if one harkens back to the Dust Bowl days, it is easy to see correlations from then to what is happening now in California.
I'm going to level with you right now.
GCube, the renewable energy sector insurance underwriter, has launched a new Weather Risk Transfer mechanism to provide renewable energy project owners with a means to mitigate the financial impact of resource volatility. In this case the product covers wind and rain – or perhaps more accurately, a lack thereof.
Oh baby! Envision 400 years in the future in which there is peaceful co-existence on Earth between humans and sentient mechanical life forms.
When I was sports editor for the college newspaper, I wrote a column that was, I'm sure now a decade removed, far less clever than I thought it was at the time. But since I am 1) pressed for time and 2) devoid of original thought at the moment, I present to you, dear reader, a special reprisal of the Michael Harris Daily Weekly Monthly Occasional Grab Bag of Sports Hydropower Stuff.