How does cost of generation from Hydropower Plant compare with other sources of electricity?
The hydro power generation is highly capital-intensive mode of electricity generation but being renewable source of energy with no consumables involved; there is very little recurring cost and hence no high long term expenditure. It is cheaper as compared to electricity generated from coal and gas fired plants. It also reduces the financial losses due to frequency fluctuations and it is more reliable and inflation free. Why hydropower is called renewable source of energy? Hydropower is called renewable source of energy because it uses and not consumes the water for generation of electricity, and the hydropower leaves this vital resource available for other uses.
