Are Large Dams Economical?
April 23, 2014 08:51 AM - Editor, The Ecologist
A study of 245 large dams carried out at Oxford University shows that big hydropower is uneconomic. Actual costs are typically double pre-construction estimates - and have not improved over 70 years. Researchers at Oxford University have found that planners and policymakers systematically underestimate the costs and time required to implement large dam projects.