FOR SIXTY YEARS WE
HAVE BEEN TAKING THE
POWER FROM WATER AND
HANDING IT OVER TO
NATIONS
LINKING THE DOTS
Bucharest,
February 20, 2014
ISPH PROJECT DEVELOPMENT
A GREAT COMPANY IS
EXACTLY THE SUM OF ALL ITS SERVICES
HYDROPOWER
ENVIRONMENT
WATER INFRASTRUCTURE
CONSULTANCY
ISPH PROJECT DEVELOPMENT
OVER 60 YEARS OF HYDROPOWER DESIGN
60
6000
YEARS
OF ENGINEERING
180
HYDROPOWER
PLANTS
1949
1963
MW INSTALLED CAPACITY
900
150
KM OF TUNNELS
AND GALLERIES
LARGE
DAMS
1996
2013
Institute of Hydroelectric Studies and Design
1st Hydro Engineering Department
Private ownership
ISPH Project Development
WHY HYDROPOWER?
Hydropower is Romania’s most available, reliable,
affordable and sustainable energy source
Requiring only the power of moving water – rivers and
streams – hydropower is also domestic and sustainable
Hydropower is free from a dependence on volatile fuel
prices
HYDROPOWER IS AVAILABLE
Hydro is Romania’s largest source of clean electricity,
accounting for over 90 percent of all renewable energy
generation in Romania and a third of total electricity
generation
Hydropower has generated clean, affordable electricity
for more than 100 years, but it has yet to realize its full
potential
HYDROPOWER IS AVAILABLE
Much of hydropower’s future growth can be focused on
facilities and infrastructure already built
Modernization projects upgrade turbines and other
equipment, expanding the capacity and lifespan of
existing hydropower facilities
The process of upgrading Romania’s hydropower
facilities has already begun, with great success
HYDROPOWER IS RELIABLE
Hydropower has been a reliable source of power in
Romania for over a century
Based on a constant source of energy hydropower can
support other renewable energy sources as they are
brought onto the grid
Pumped storage can help store the electricity
generated by other power sources for later use
HYDROPOWER IS AFFORDABLE
Hydropower is among the most cost effective energy
sources across the board
Hydropower offers the lowest levelized cost of
electricity across all major fossil fuel and renewable
energy sources
Hydropower generating equipment can often operate
for long periods of time without needing major
replacements or repairs
HYDROPOWER IS SUSTAINABLE
Using hydropower avoids more than 10 million tons of
carbon pollution in Romania each year
Energy and water for sustainable development depend
not only on supply choices, but also on how these
choices are implemented
HYDROPOWER PROJECTS DEVELOPMENT
OVERVIEW
Private involvement in the energy sector is becoming
increasingly important as public funding diminishes
Hydropower projects will have to compete for financing
on the same terms as other projects, both in public
budgets and in the private market
Hydropower projects involve large up front investment,
and are often regarded as high risk compared to other
type of power projects
HYDROPOWER PROJECTS DEVELOPMENT
SMALL HYDROPOWER PROJECTS – PARTICULAR ISSUES
Small hydropower projects, i.e. those with a maximum
output of less than 10 MW, often have additional
features that make them less profitable and thus more
difficult to finance than larger projects.
Several of the cost components involved in developing
hydropower do not change proportionally with project
size.
HYDROPOWER PROJECTS DEVELOPMENT
SMALL HYDROPOWER PROJECTS – PARTICULAR ISSUES
As the expected revenue of the project is small, there is
little capacity to absorb unforeseen expenses
Consequently the economic feasibility of a small project
is very cost-sensitive and the risk is higher than for
larger projects
Tight cost control is necessary to succeed
HYDROPOWER CONSULTANCY
THE KEY ROLE OF HIGH QUALITY ENGINEERING SERVICES
High quality engineering services has an important role
in:
- reducing the cost of development and financing to
make the project more profitable
- reducing the risks involved in small hydropower
development and operation to make projects more
attractive to developers and financiers
HYDROPOWER CONSULTANCY
THE KEY ROLE OF HIGH QUALITY ENGINEERING SERVICES
Cost reduction strategies
Area development package. The joint development of
a number of small hydro projects in an area has
multiple cost-saving effects.
Multi-disciplinary development groups. Supported
by an experienced consultant, the development group
will develop experience in all fields, enabling them to
quickly evaluate the feasibility of proposed projects
HYDROPOWER CONSULTANCY
THE KEY ROLE OF HIGH QUALITY ENGINEERING SERVICES
Risk reduction strategies
Accurate data assumption. Hydropower developers
rely on measurement of stream flow and rainfall to
estimate power production and floods
Stepwise development. Stepwise increase in the
production capacity reduces the up front investment,
and the debt obligations can more easily be adjusted to
the economic strength of the project
LINKING THE DOTS
WHERE DO YOU NEED ISPH?
Regulatory requirements, planning and permitting
Environmental solutions
Preliminary and detailed hydropower design
Construction management
Start-up and commissioning
Power delivery
ISPH PROJECT DEVELOPMENT
BY ENGAGING US, YOU GET ACCESS TO
Our multi-disciplinary design team who mixes expertise
and proven reputation for quality design hydropower
projects
Comprehensive services and expertise in regulatory
requirements, planning and permitting to ensure
hydropower project success
The expertise of our valued associates and advisors,
well known names in their respective fields
THANK YOU!
HYDROPOWER
ENVIRONMENT
WATER INFRASTRUCTURE
CONSULTANCY
293 Calea Vitan, 031295 Bucharest Romania
T +40 (0) 21 314 72 70, F +40 (0) 21 312 09 25, E info@isph.ro, W www.isph.ro