Research and Development

The COVID-19 pandemic has underlined hydropower’s resilience and critical role in delivering clean, reliable and affordable energy, especially in times of crisis. This is the conclusion of two new reports published by the International Hydropower Association (IHA). The 2020 Hydropower Status Report presents the latest worldwide installed capacity and generation data, showcasing the hydro sector’s...
Finance

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year, the International Energy Agency (IEA) said in a report. According to World Energy Investment 2020, at the start of 2020, global energy investment was on track for growth of...
New Development

Africa-focused power company Themis Group announced it has issued a full notice to proceed (FNTP) with construction of the 44-MW Singrobo Hydropower Project, in Ivory Coast. Sponsored by a consortium including the Africa Finance Corporation (AFC) and IHE Holding, a local development company, Singrobo will begin delivering much-needed electricity to the Ivorian power grid via...
Business

Sixteen international and national organizations, representing the global hydropower sector, have set out guiding principles for energy infrastructure policy in the COVID-19 recovery. The organizations represent hydropower developers, operators, manufacturers, researchers and innovators including the world’s largest hydropower producers in China, US and Canada. Their statement, coordinated by the International Hydropower Association (IHA), sets out how...
Business

The COVID-19 pandemic has prompted utilities and other organizations to review existing or create epidemic/pandemic-response plans. To assist, the North American Transmission Forum (NATF), North American Electric Reliability Corporation (NERC), U.S. Department of Energy (DOE), and Federal Energy Regulatory Commission (FERC) jointly developed a resource to help utilities create, update or formalize their plans. The...
Business

An unprecedented drop in power demand due to COVID-19 is forcing BC Hydro to take action to avoid potential flooding risks and impacts on the environment and its infrastructure over the year, according to a press release. The COVID-19 pandemic has had a significant impact on the economy in British Columbia, and “Demand dilemma: How...
Finance

Italian group Enel’s business units in Peru have released their first quarter results, which reveal how COVID-19 measures have impacted the local companies’ financial and operational metrics. Peru’s President Martín Vizcarra declared a state of emergency and mandatory quarantine on March 16. According to BNamericas, Enel Distribución reported a 2% year-on-year dip in operating income...
Government and Policy News

The government of Ecuador wants to resume energy tenders originally delayed by the COVID-19 pandemic, as the country will gradually restart activities from May 4 with a strategy of social distancing. “The pandemic caused us to delay the processes. But the government wants to finalize them within this year,” energy and non-renewable natural resources minister...