Conclusions

Imaduddin Ahmed ()
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Imaduddin Ahmed: University College London

Chapter Chapter 7 in The Political Economy of Hydropower Dependant Nations, 2021, pp 213-215 from Springer

Abstract: Abstract The World Bank pursued a strategy of unbalanced growth in Zambia by advocating for and financing power generation assets for the primary purpose of enabling mineral extraction (as well as powering the unrecognised state of Rhodesia on the sly). Unbalanced development outcomes followed. Path dependence within Zambia’s system of energy provision both in terms of homogenous power generation assets and in terms of subsidised tariffs for existing electricity consumers led to its failure in delivering the value that it had envisioned for its existing customer base when droughts—that had been predicted by the IPCC as early as 2001—struck. Up to a fifth of humanity live in nations heavily dependent on hydropower that are vulnerable to drought due to increases in average global temperatures. This case study holds lessons for them.

Keywords: Zambia least-regret energy mix; Zambia optimal energy mix; Low-carbon and climate-resilient energy; Dispatchable power; Social versus economic infrastructure; Least-regret framework (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-71266-2_7

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DOI: 10.1007/978-3-030-71266-2_7

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