Berliner Boersenzeitung - Drought caused 'historic' global hydropower drop in early 2023

EUR -
AED 4.211535
AFN 71.676752
ALL 95.733091
AMD 433.823977
ANG 2.053148
AOA 1051.593401
ARS 1600.374619
AUD 1.627412
AWG 2.06563
AZN 1.950295
BAM 1.947379
BBD 2.317448
BDT 141.189442
BGN 1.955936
BHD 0.432929
BIF 3415.654921
BMD 1.146776
BND 1.466819
BOB 7.950618
BRL 6.002451
BSD 1.150589
BTN 105.991651
BWP 15.510453
BYN 3.392216
BYR 22476.807566
BZD 2.314162
CAD 1.56754
CDF 2497.677846
CHF 0.902966
CLF 0.026473
CLP 1045.297774
CNY 7.877226
CNH 7.904876
COP 4245.788675
CRC 542.340521
CUC 1.146776
CUP 30.389561
CVE 109.790224
CZK 24.446682
DJF 204.901247
DKK 7.472524
DOP 70.284225
DZD 151.871011
EGP 60.137153
ERN 17.201638
ETB 179.600058
FJD 2.54229
FKP 0.858972
GBP 0.865016
GEL 3.113466
GGP 0.858972
GHS 12.467087
GIP 0.858972
GMD 83.714446
GNF 10087.115518
GTQ 8.822847
GYD 240.728994
HKD 8.976188
HNL 30.457361
HRK 7.531678
HTG 150.713002
HUF 391.770184
IDR 19417.209475
ILS 3.590716
IMP 0.858972
INR 105.92488
IQD 1507.381498
IRR 1515779.710561
ISK 144.195796
JEP 0.858972
JMD 180.085743
JOD 0.813055
JPY 182.742753
KES 148.106628
KGS 100.285209
KHR 4617.929609
KMF 490.819871
KPW 1031.959506
KRW 1712.801471
KWD 0.352198
KYD 0.958854
KZT 563.224399
LAK 24650.509115
LBP 103040.1651
LKR 357.734577
LRD 210.569416
LSL 19.008383
LTL 3.386131
LVL 0.693673
LYD 7.344145
MAD 10.78297
MDL 19.980509
MGA 4769.230439
MKD 61.639079
MMK 2407.305418
MNT 4094.276022
MOP 9.274961
MRU 45.726067
MUR 52.763545
MVR 17.729364
MWK 1995.211039
MXN 20.460747
MYR 4.516584
MZN 73.275835
NAD 19.008301
NGN 1595.004784
NIO 42.345773
NOK 11.171322
NPR 169.581488
NZD 1.967822
OMR 0.440939
PAB 1.150624
PEN 3.937473
PGK 4.962475
PHP 68.32663
PKR 321.424127
PLN 4.270657
PYG 7449.68722
QAR 4.195059
RON 5.093291
RSD 117.371371
RUB 92.492751
RWF 1682.174285
SAR 4.302891
SBD 9.23345
SCR 15.967057
SDG 689.21271
SEK 10.757354
SGD 1.467534
SHP 0.860379
SLE 28.20642
SLL 24047.317495
SOS 656.441259
SRD 42.850997
STD 23735.945721
STN 24.394191
SVC 10.06846
SYP 128.021919
SZL 19.013199
THB 36.949339
TJS 11.029006
TMT 4.025183
TND 3.382871
TOP 2.761161
TRY 50.675682
TTD 7.808234
TWD 36.716099
TZS 2992.90847
UAH 50.946931
UGX 4307.373247
USD 1.146776
UYU 46.01103
UZS 13963.615909
VES 505.056676
VND 30153.325415
VUV 136.420806
WST 3.1976
XAF 653.112754
XAG 0.013638
XAU 0.000224
XCD 3.09922
XCG 2.073732
XDR 0.812263
XOF 653.124095
XPF 119.331742
YER 273.563802
ZAR 19.260525
ZMK 10322.358766
ZMW 22.351053
ZWL 369.261371
  • RBGPF

    0.1000

    82.5

    +0.12%

  • NGG

    1.0500

    91.86

    +1.14%

  • VOD

    0.3730

    14.683

    +2.54%

  • BTI

    0.2200

    60.11

    +0.37%

  • BCE

    0.0700

    25.75

    +0.27%

  • RYCEF

    -0.1000

    17.25

    -0.58%

  • CMSC

    0.1200

    23.26

    +0.52%

  • GSK

    0.2400

    54.52

    +0.44%

  • CMSD

    0.0800

    23.18

    +0.35%

  • BCC

    0.7950

    70.415

    +1.13%

  • BP

    0.4400

    42.6

    +1.03%

  • AZN

    0.2100

    192.71

    +0.11%

  • RIO

    -0.6700

    90.03

    -0.74%

  • RELX

    -0.1150

    34.065

    -0.34%

  • JRI

    0.0800

    12.9

    +0.62%

Drought caused 'historic' global hydropower drop in early 2023
Drought caused 'historic' global hydropower drop in early 2023 / Photo: STR - AFP/File

Drought caused 'historic' global hydropower drop in early 2023

Dry conditions, particularly in China, caused a "historic" global drop in hydropower generation in the first half of 2023, a new analysis shows, highlighting the effects of climate change.

Text size:

The research by renewable energy think tank Ember argues the drop is a "warning shot that hydro output could negatively affect the speed of the electricity transition".

The group said global hydropower generation fell 8.5 percent in the year to June, more than any full-year decline over the last two decades.

Three-quarters of that decline was the result of falls in China, which baked through record temperatures earlier this year.

Between winter 2022 and spring 2023, most areas of southwest China experienced significantly less precipitation and higher temperatures than in a normal year, according to Beijing's ministry of emergency management.

The fall in hydropower output meant global carbon emissions rose very slightly in the first half of 2023, despite a 12-percent increase in solar and wind power worldwide.

Lower growth in electricity demand helped keep the rise in emissions smaller than it might otherwise have been, Ember said in the report released Thursday.

China, however, saw its emissions rise nearly eight percent as it compensated for the loss of hydropower.

But while the extreme heat and drought conditions that caused this year's decline may have been driven by climate change, the think tank warned it remains hard to calculate future effects.

The consequences of "climate change on hydro potential are geographically varied", the group noted.

"Changes in rainfall patterns and intensity as well as increased evaporation will affect hydro output both positively and negatively depending on the region."

Some parts of central Africa, India, central Asia and northern high latitudes could see their potential to generate hydropower increase.

But in southern Europe, the southern United States and elsewhere, it is likely to weaken.

The chief of this year's COP climate meeting has called for a global tripling of renewable energy capacity by 2030.

And the International Energy Agency last month projected fossil fuel demand will peak by 2030.

But wind and solar generation grew more slowly in the first half of this year than in the same period last year, reflecting the fragility of gains in the sector.

"While it is encouraging to see the remarkable growth of wind and solar energy, we can't ignore the stark reality of adverse hydro conditions intensified by climate change," said Malgorzata Wiatros-Motyka, Ember's senior electricity analyst.

"The world is teetering at the peak of power sector emissions, and we now need to unleash the momentum for a rapid decline in fossil fuels by securing a global agreement to triple renewables capacity this decade."

(H.Schneide--BBZ)