{"id":289,"date":"2021-02-15T13:05:16","date_gmt":"2021-02-15T13:05:16","guid":{"rendered":"http:\/\/pscsolaruk.com\/blog\/?p=289"},"modified":"2021-02-15T13:05:16","modified_gmt":"2021-02-15T13:05:16","slug":"solar-and-hydro-which-should-governments-be-investing-in-for-a-better-roi","status":"publish","type":"post","link":"https:\/\/pscsolaruk.com\/blog\/solar-and-hydro-which-should-governments-be-investing-in-for-a-better-roi\/","title":{"rendered":"Solar and Hydro: Which Should Governments Be Investing in for a Better ROI?"},"content":{"rendered":"<p>The respective industries surrounding renewable energy sources commonly exist in an odd dynamic. On the one hand, there\u2019s the industry-wide recognition that the greater uptake of green energy technology among <a href=\"https:\/\/pscsolaruk.com\/blog\/the-bright-future-of-solar-energy-in-africa\/\">solar<\/a>, hydro, wind, and other renewable sources is beneficial to all. Not only those in the green energy sector but all people across the world.<\/p><div id=\"pscso-178427301\" class=\"pscso-content pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>\n<p>Nonetheless, there can also be fierce competition between the industries. Especially when multiple forms of renewable energy could be viable for a new government plan or private investment. Just as solar is undoubtedly a leading renewable energy source, so too do other forms bring their own advantages alongside potential drawbacks. So when it comes to comparing the value between solar and hydro energy, which one comes out on top?<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/pscsolaruk.com\/blog\/solar-and-hydro-which-should-governments-be-investing-in-for-a-better-roi\/#Shining_a_light_on_solar\" >Shining a light on solar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/pscsolaruk.com\/blog\/solar-and-hydro-which-should-governments-be-investing-in-for-a-better-roi\/#What_hydro_offers\" >What hydro offers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/pscsolaruk.com\/blog\/solar-and-hydro-which-should-governments-be-investing-in-for-a-better-roi\/#Combining_solar_and_hydropower\" >Combining solar and hydropower<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/pscsolaruk.com\/blog\/solar-and-hydro-which-should-governments-be-investing-in-for-a-better-roi\/#The_Sun_and_Sea\" >The Sun and Sea<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Shining_a_light_on_solar\"><\/span>Shining a light on solar<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Solar is enticing to public planners seeking a renewable energy resource that\u2019s affordable, long-lasting, and essentially perpetual. Yes, some space enthusiasts like to muse the sun is not an eternal resource and will eventually die in five billion years. But for those of us currently proceeding on through human life with more immediate concerns, we can take it as given the sun\u2019s energy is limitless. Similarly, the lead drawback to solar is this need for sunshine.<\/p><div id=\"pscso-1755815788\" class=\"pscso-content_2 pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>\n<p><img decoding=\"async\" class=\"alignleft\" src=\"https:\/\/mk0qaxewenuu33xx1t5t.kinstacdn.com\/wp-content\/uploads\/2020\/06\/solar-panel-installations-on-grass.jpg\" alt=\"Solar Panel Installations on Green Grass Under Sunshine\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Although it\u2019s a very manageable drawback\u2014after all Mediterranean nations like Portugal, Spain, and France will always be among<a href=\"https:\/\/www.thestreet.com\/personal-finance\/want-to-retire-abroad-these-are-the-30-sunniest-countries-14608718\">\u00a0<\/a><a href=\"https:\/\/www.thestreet.com\/personal-finance\/want-to-retire-abroad-these-are-the-30-sunniest-countries-14608718\" target=\"_blank\" rel=\"noopener noreferrer\">the sunniest nations on Earth<\/a>\u00a0even if an occasional summer sees more grey clouds on average\u2014the smaller the solar installation the more substantial this drawback. Few households that install solar panels on their roof in the middle of winter can expect to see their energy bills eroded altogether. The same challenge factors into public projects on a larger scale, alongside the risks that can be done to some solar panels by extreme weather events like heavy hail.<\/p>\n<p>On a large scale though, solar power can provide a real size advantage. A 2019 study held all existing hydropower sources in the United States (U.S.) could be replaced by solar power, and do so requiring<a href=\"https:\/\/www.carbonbrief.org\/solar-power-could-replace-all-us-hydro-dams-using-just-13-of-the-space%22\">\u00a0<\/a><strong><a href=\"https:\/\/www.carbonbrief.org\/solar-power-could-replace-all-us-hydro-dams-using-just-13-of-the-space%22\" target=\"_blank\" rel=\"noopener noreferrer\">just 13% of the space<\/a><\/strong>. Obviously, for a country like the U.S. and nations of a similar landmass, the notion of undoing existing renewable energy as opposed to adding more to the grid would be a misstep. But although hydropower energy has been in operation since the world\u2019s first plant opened in<a href=\"https:\/\/nationalmaglab.org\/education\/magnet-academy\/history-of-electricity-magnetism\/museum\/hydroelectric-power-station\">\u00a0<\/a><a href=\"https:\/\/nationalmaglab.org\/education\/magnet-academy\/history-of-electricity-magnetism\/museum\/hydroelectric-power-station\" target=\"_blank\" rel=\"noopener noreferrer\">Wisconsin in 1882<\/a>, this finding in this era does show where nations seek green energy but also find maritime space is at a premium, the growing strength of solar offers a strong alternative.<\/p><div id=\"pscso-471671021\" class=\"pscso-content-3 pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_hydro_offers\"><\/span>What hydro offers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Like solar, hydro harnesses the power of nature to generate energy. Alongside the capacity for rivers and other waterways to churn more reliably day in and day out\u2014something solar cannot always guarantee\u2014there\u2019s also the capacity to generate energy at night. Given the moon can\u2019t offer the energy generation that the sun provides solar panels, anyone seeking to make use of the sun\u2019s energy at night from solar technology will have to rely on power stored in a solar battery.<\/p>\n<p>For many years the\u00a0<strong>lower cost factor<\/strong> of hydro has also been compelling. Recent years in the solar industry have of course seen costs plummet across the board, and as a result,\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/dominicdudley\/2019\/05\/29\/renewable-energy-costs-tumble\/#61fa7229e8ce%22\" target=\"_blank\" rel=\"noopener noreferrer\">the stated average<\/a>\u00a0for hydro last year of $0.05 cents per kilowatt-hour (kWh) was accompanied by solar regularly ranking at an average below $0.10\/kWh. Nonetheless, the current affordability advantage seen in hydro energy means it is set to remain an enticing option for any civic planner looking to devise a green project with maximized cost efficiency in the short term.<\/p><div id=\"pscso-1810994494\" class=\"pscso-cybertron pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><script type=\"text\/javascript\"><!--\r\nzone = \"30\";\r\npl = \"2226\";\r\nurl = \"https:\/\/cybertronads.com\/platform\";\r\n\/\/--><\/script>\r\n<script type=\"text\/javascript\" src=\"https:\/\/cybertronads.com\/platform\/show.js\"><\/script>\r\n<\/div>\n<p>While hydro has some advantages over solar, it also has<a href=\"https:\/\/www.waterpowermagazine.com\/features\/featurehydropowers-inherent-risk-factors-5759530\/#:~:text=One%20of%20the%20most%20commonly,impacting%20hydropower%20facilities%20are%20landslides.&amp;text=Secondary%20impacts%20include%20rockfalls%20and,,%20however,%20it%20does%20happen.%22\">\u00a0<\/a><a href=\"https:\/\/www.waterpowermagazine.com\/features\/featurehydropowers-inherent-risk-factors-5759530\/#:~:text=One%20of%20the%20most%20commonly,impacting%20hydropower%20facilities%20are%20landslides.&amp;text=Secondary%20impacts%20include%20rockfalls%20and,,%20however,%20it%20does%20happen.%22\" target=\"_blank\" rel=\"noopener noreferrer\">its own vulnerabilities<\/a>. A drought can diminish a river\u2019s flow, floods can damage installations, and the installation itself can be a far more complex process when factoring in the environmental impact. Although this can be a consideration with large-scale solar projects too, the installment of a dam can have a colossal impact on the surrounding ecosystem if not properly pursued. Such vulnerabilities can, of course, be taken into account when civic planners devise a hydro project, but it\u2019s not always possible to anticipate every hazard\u2014like a hurricane or other natural disaster that can arrive with little notice, and savage all in its path.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Combining_solar_and_hydropower\"><\/span>Combining solar and hydropower<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Just as both these technologies remain young compared to fossil fuels, the ambitions to devise projects that more powerfully combine these two remain in development. Nonetheless, already we have a glimpse of the promise these two technologies could offer an array of countries around the world when combined.<\/p>\n<p>The Kidston Pumped Storage Project in Queensland, Australia is pioneering. Building a hybrid hydro and solar energy site on the site of a former gold mine. The existing geography of the site that the mine offers will see two different pits at varying heights. In times of high demand, water will be driven downwards from the upper reservoir to the lower reservoir generating energy. In times of decreased demand, renewable energy sources will pump the water back up to the upper reservoir.<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/mk0qaxewenuu33xx1t5t.kinstacdn.com\/wp-content\/uploads\/2020\/06\/Kidston-Pumped-Storage-Project-bird-view.jpg\" alt=\"The Birdview of the Kidston Pumped Storage Project in Queensland\" \/><\/p>\n<p>The surrounding solar site will benefit from this immensely. As whenever there is variation in the solar energy generated, the hydropower on-site can supplement it. Helping deliver a steady and consistent flow of energy to the network. Upon completion, it is projected<a href=\"https:\/\/arena.gov.au\/projects\/kidston-pumped-storage-project\/%22\">\u00a0<\/a><a href=\"https:\/\/arena.gov.au\/projects\/kidston-pumped-storage-project\/\" target=\"_blank\" rel=\"noopener noreferrer\">to generate up to 330MW of energy<\/a>\u00a0into the national market and be a beacon of what\u2019s possible when combining the two sources. Especially to other nations with a long history of mining, and a desire to make new use of decommissioned pits.<\/p>\n<p>Beyond Kidston exclusively, there\u2019s also, of course, the growing visibility of floating solar panel installations around the world. Although floating solar tech has been on the renewable energy scene since 2008\u2014and nations like Japan and China have been keen adopters of the technology since\u2014a number of nations around the world like the U.S. have been slower to harness this option. This notwithstanding, with a number of projects globally serving as proof positive of this solar-hydro combo, an uptick in floating solar panel installations can be expected heading into the 2020s.<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Sun_and_Sea\"><\/span>The Sun and Sea<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div>At present, the capacity for a community to increase its energy security and reduce its reliance on fossil fuels is arguably best done with solar. The ease in which solar panels can be erected on residential homes and businesses contrasts with the impossible prospect of seeking to see every citizen begin their own quest for energy independence via hydropower. <a href=\"https:\/\/www.utilities-me.com\/article-5309-why-hydropower-is-preferred-over-solar-and-wind\" target=\"_blank\" rel=\"noopener noreferrer\">Put simply<\/a>,\u00a0<a class=\"inline-twitter-link inline-tweet-click\" title=\"Tweet This!\" href=\"https:\/\/solarmagazine.com\/solar-hydro-which-should-governments-be-investing-in-for-a-better-roi\/#\">hydro can have the advantage of being more affordable, but it ultimately\u00a0has been lagging behind other renewable energy sources globally\u00a0in terms of rollout.\u00a0<\/a><\/div>\n<p>This notwithstanding, just as solar enthusiasts look forward to ongoing improvements in battery technology, unquestionably hydropower presently offers reliability that\u2014saves for the most extreme weather conditions like a flood\u2014can outpace solar tech. As a result, it is highly unlikely we shall see one technology come to outright dominate the renewable energy landscape in years ahead.<\/p>\n<p>Instead, we\u2019ll see governments prioritize their energy projects with reference to existing demand for solar among their citizens when compared alongside the wealth of natural resources their waterways and oceans can offer. In the interim, all can watch on with interest the Kidston project, with hope and an aspiration to see more combinations of solar and hydro in renewable energy projects going forward.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Source: <a href=\"http:\/\/SolarMagazine.com\">SolarMagazine.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<div id=\"pscso-1725771919\" class=\"pscso-after-content pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><iframe src=\"https:\/\/cybertronads.com\/platform\/show.php?z=29&pl=806\" width=\"728\" height=\"90\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\r\n<\/div><div id=\"pscso-2547924157\" class=\"pscso-rfq pscso-entity-placement\"><div class=\"pscso-adlabel\">Advertisements<\/div><p><a href=\"https:\/\/pscsolaruk.com\/rfq\/\"><img data-recalc-dims=\"1\" class=\"alignnone wp-image-509 size-full\" src=\"https:\/\/i0.wp.com\/pscsolaruk.com\/blog\/wp-content\/uploads\/2022\/03\/6tp7s.png?resize=710%2C200&#038;ssl=1\" alt=\"\" width=\"710\" height=\"200\" \/><\/a><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The respective industries surrounding renewable energy sources commonly exist in an odd dynamic. On the one hand, there\u2019s the industry-wide recognition that the greater uptake of green energy technology among&hellip; <\/p>\n","protected":false},"author":2,"featured_media":290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[5,6],"tags":[34,41,55,57],"class_list":["post-289","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-news","category-solar","tag-news","tag-solar","tag-solar-news","tag-solar-panel","post_format-post-format-image"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solar and Hydro: Which Should Governments Be Investing in for a Better ROI? - BLOG - PSC SOLAR UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pscsolaruk.com\/blog\/solar-and-hydro-which-should-governments-be-investing-in-for-a-better-roi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar and Hydro: Which Should Governments Be Investing in for a Better ROI? - BLOG - PSC SOLAR UK\" \/>\n<meta property=\"og:description\" content=\"The respective industries surrounding renewable energy sources commonly exist in an odd dynamic. 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