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| You are here: | Comments and remarks to Wim Jonker Klunne |
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New research by Cardiff Business School points to a potential economic windfall from micro-hydro. On the basis of existing installations, researchers estimate that every 1MW of community-owned micro-hydro installed generates an additional 10 full-time equivalent jobs in every year of its operation. This economic windfall comes from two sources. The first arises because micro-hydro is an embedded technology. Whereas larger schemes, wherever located, rely on significant imports of material and expertise, successful micro-hydro installation requires a close knowledge of local geography and suppliers. It helps generate clusters of activity, sustaining micro-economies of its own. These will be jobs, and incomes, created in communities and areas that otherwise remain beyond the reach of more conventional regeneration initiatives. The second windfall is payments for every kilowatt hour (kWh) of power generated through the government's feed-in tariff (FIT) scheme. This provides additional payments to renewable producers, acting as a subsidy to generate additional revenue from production. Additional information: Read full story at the Guardian |
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