Assessing Feasibility and Viability of Small Hydropower Projects: A RET Screen Analysis

Abstract

This feasibility study aimed to evaluate the potential of a small hydropower endeavor through the utilization of RETScreen, a specialized software tailored for the analysis of renewable energy initiatives. Assessing technical, financial, and environmental facets, the study delved into site-specific variables including water flow, turbine efficiency, and grid connectivity. Findings revealed a feasible project, projecting a capacity of 1MW. Financial scrutiny unveiled a positive net present value and internal rate of return, affirming financial viability. Environmental assessment forecasted minimal local ecosystem impact and a positive contribution to greenhouse gas reduction. In essence, this study underscores RETScreen's efficacy in assessing small hydropower ventures, furnishing invaluable insights for developers and investors alike.