hydropower economics

Hydropower economics involve comparing the costs of building and maintaining a hydroelectric facility to the money generated by selling the electricity it produces. Once the initial investment in dam, turbines, and infrastructure is made, operational costs are relatively low, mainly covering maintenance and staffing. Since water flow is often free, the ongoing expenses are minimal, allowing hydropower to generate cheap electricity over time. The profitability depends on factors like project size, water availability, and energy prices. Overall, hydropower offers a cost-effective, renewable energy source with strong economic advantages, especially once the infrastructure is in place.