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Belarus Hydroelectric Power Plant Industry Analysis
Hydroelectric power plants play a significant role in Belarus's energy mix, accounting for around 9% of the country's total installed capacity. The country has a relatively low potential for hydroelectric power generation, and as such, the industry has been developing at a slower pace compared to other renewable energy sectors. Nevertheless, the industry has been growing steadily in recent years, and there are several projects underway to further develop the sector.
Currently, the largest hydroelectric power plant in Belarus is the Dnieper hydroelectric power station, located on the Dnieper River. The power plant has a capacity of 1200 MW and was built in the 1960s. Other smaller hydroelectric power plants are located across the country, with a combined capacity of around 300 MW.
One of the major drivers for the development of the hydroelectric power plant industry in Belarus is the government's focus on increasing the share of renewable energy in the country's energy mix. The government has set a target to increase the share of renewable energy to 25% by 2030, and the development of hydroelectric power plants is seen as a crucial component in achieving this target.
Another driver for the industry is the potential for export. Belarus has been exporting electricity to neighboring countries, and there is potential to further increase these exports by increasing the capacity of hydroelectric power plants.
In terms of new projects, there are several underway in Belarus. The largest of these is the construction of the new Rasony hydroelectric power plant, which is expected to have a capacity of 240 MW. The project is expected to be completed by 2026 and is being carried out in cooperation with the Chinese company Sinohydro.
Overall, the outlook for the hydroelectric power plant industry in Belarus is positive, with the government's commitment to increasing the share of renewable energy and the potential for exports driving growth in the sector. The industry will continue to play an important role in the country's energy mix, and further development is expected in the coming years.
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