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GSR 2015

194 2014), http://www.alstom.com/press-centre/2014/5/alstom- successfully-commissions-uri-ii-hydroelectric-project-in-india. 29 Capacity and generation from System Operator of the Unified Energy System of Russia, op. cit. note 2. 30 Michael Harris, “Restoration of Russia’s 6,400-MW Sayano- Shushenskaya Hydropower Plant Complete,” Hydro World, 12 November 2014, http://www.hydroworld.com/articles/2014/11/ restoration-of-russia-s-6-400-mw-sayano-shushenskaya- hydropower-plant-complete.html. 31 RusHydro, “Boguchanskaya Hydropower Plant Launches the Last Hydropower Unit,” press release (Moscow: 22 December 2014), http://www.eng.rushydro.ru/press/news/95971.html. 32 “Further Studies Agreed for Grand Ethiopian Renaissance Dam,” Water Power & Dam Construction, 28 August 2014, http://www. waterpowermagazine.com/news/newsfurther-studies-agreed- for-grand-ethiopian-renaissance-dam-4356069; “Declaration of Principles Signed by Egypt, Sudan and Ethiopia,” ECADF – Ethiopian News & Opinion, 24 March 2015, http://ecadforum.com/2015/03/24/ declaration-signed-by-egypt-sudan-and-ethiopia. 33 Ivan R. Mugisha, “Load Shedding to Decrease as Nyabarongo Hydropower Dam Is Finally Up and Running,” The New Times, 27 October 2014, http://www.newtimes.co.rw/section/ article/2014-10-27/182402; Rwanda Energy, “Nyabarongo to Start Hydro Production in November,” 22 October 2014, http:// www.rwandaenergy.com/2014/10/nyabarongo-to-start-hydro- production-in-november; energy access share from World Bank, “Rwanda Electricity Access Scale-up and Sector Wide Approach (SWAp) Development Project (P111567): Implementation Status and Results Report” (Washington, DC: 7 January 2015), http:// documents.worldbank.org/curated/en/2015/01/23181044/ rwanda-rwanda-electricity-access-scale-up-sector-wide-approach- swap-development-project-p111567-implementation-status-results- report-sequence-10. 34 “Optimism, Hope as Rukarara II Hydro-power Plant Is Launched,” In2EastAfrica, 27 June 2014, http://in2eastafrica.net/ optimism-hope-as-rukarara-ii-hydro-power-plant-is-launched. 35 H. Liu, D. Masera, and L. Esser, eds., World Small Hydropower Development Report 2013 (Vienna and Hangzhou: United Nations Industrial Development Organization and International Center on Small Hydro Power, 2013), www.smallhydroworld.org. 36 Ibid. 37 HEA, personal communication with REN21, April 2015; IHA op. cit. note 1; IEA, Medium-Term Renewable Energy Market Report 2014 (Paris: OECD/IEA, 2014), p. 150. 38 John-Philip Miller, “How the ‘End of the Known World’ Became a Model for a Sustainable World,” ABB, 18 August 2014, http:// www.abb-conversations.com/2014/08/how-the-end-of-the- known-world-became-a-model-for-a-sustainable-world; Enel, “El Hierro Goes Green with New Power Plant,” 27 June 2014, https://www.enel.com/en-GB/media/news/ el-hierro-goes-green-with-new-power-plant/p/090027d98225ec19. 39 Verbund, “Start der Inbetriebsetzung des Pumpspeicherkraftwerks Reißeck II,” press release, (Mühldorf, Reißeck, Austria: 13 February 2015), http://www.verbund.com/cc/de/news-presse/ news/2015/02/13/reisseck-2-inbetriebnahme. 40 HEA, op. cit. note 37; Sylvain Antheaume et al., “Upgrading Two Pumped Storage Plants to Variable Speed,” Hydro World, 17 February 2015, http://www.hydroworld.com/articles/print/volume-23/issue-1/ equipment-refurbishment/upgrading-two-pumped-storage-plants- to-variable-speed.html. 41 Alstom, “Alstom Delivering Equipment at World’s First High-capacity, Variable-speed Pumped Storage Hydropower Station,” press release (Levallois-Perret, France: 7 May 2014), http://www.alstom.com/ press-centre/2014/5/alstom-delivering-equipment-at-worlds-first- high-capacity-variable-speed-pumped-storage-hydropower-station. 42 Eskom, “Ingula Pumped Storage Scheme,” http://www.eskom.co.za/ Whatweredoing/NewBuild/IngulaPumpedStorage/Pages/Ingula_ Pumped_Storage_Scheme.aspx; Voith, “Ingula, South Africa,” http:// voith.com/en/markets-industries/industries/hydro-power/pumped- storage-plants/ingula_main-10911-10911.html; State Information Service of Egypt, “Chinese Company to Set Up 2,100 Megawatt Pumped-storage Plant in Ataka Mount,” press release, (Cairo: 15 March 2015), http://www.sis.gov.eg/En/Templates/Articles/ tmpArticles.aspx?ArtID=91326#.VUD092fD_uo. 43 European Commission, “European Commission Welcomes Electricity Subsea Cables Linking Norway to Germany and UK,” press release (Brussels: 13 October 2014), http://europa.eu/rapid/ press-release_STATEMENT-14-313_en.htm; Rory Gallivan and Kjetil Malkenes Hovland, “U.K and Norway to Build $2.2 Billion Electricity Link,” Wall Street Journal, 26 March 2015, http://www. wsj.com/articles/u-k-and-norway-to-build-2-2-billion-electricity- link-1427383590. 44 Rikard Liden and Kimberly Lyon, “The Hydropower Sustainability Assessment Protocol for Use by World Bank Clients,” Water Papers, no. 89147 (Washington, DC: World Bank, 30 June 2014), http:// www-wds.worldbank.org/external/default/WDSContentServer/ WDSP/IB/2014/08/14/000442464_20140814105226/Rendered/ PDF/891470REVISED00Box0385238B00PUBLIC0.pdf; Philipp Wittrock, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, personal communication with REN21, April 2015. 45 World Bank, “Action Plan: Improving the Management of Safeguards and Resettlement Practices and Outcomes,” press release (Washington, DC: 4 March, 2015), http://pubdocs.worldbank.org/ pubdocs/publicdoc/2015/3/71481425483119932/action-plan- safeguards-resettlement.pdf; Howard Schneider, “U.S. Pushes for Outside Oversight of World Bank, Opposes Push Toward ‘Big Hydro’,” Washington Post, 24 January 2014, http://www.washingtonpost.com/ business/economy/us-pushes-for-outside-oversight-of-world-bank- opposes-push-toward-big-hydro/2014/01/24/fb41bb7c-8516-11e3- 8099-9181471f7aaf_story.html. 46 U.S. Treasury, “Proposed IFC Investment in Mira Power Limited for the Gulpur Hydropower Project,” 21 January 2015, http://www. treasury.gov/resource-center/international/development-banks/ Documents/IFC%20-%20Mira%20Power%20Limited%20 Gulpur%20-%20Pakistan%20US%20Position%20Statement%20 -%20Jan%2021.pdf. 47 Selcan Hacaoglu, “Turkey’s Biggest Dam Project Victim of Faltering Peace,” Bloomberg, 13 November 2014, http://www.bloomberg. com/news/articles/2014-11-12/turkey-s-biggest-dam-project- victim-of-faltering-peace; Julia Harte, “New Dam in Turkey Threatens to Flood Ancient City and Archeological Sites,” National Geographic, 21 February 2014, http://news.nationalgeographic.com/ news/2014/02/140221-tigris-river-dam-hasankeyf-turkey-iraq-water. 48 Gregory B. Poindexter, “Delays Continue in India at 2,000-MW Lower Subansiri Hydroelectric Project,” Hydro World, 14 November 2014, http://www.hydroworld.com/articles/2014/11/delays-continue-in- india-at-2-000-mw-lower-subansiri-hydroelectric-project.html. 49 Gregory B. Poindexter, “Investor Licenses for Vietnam Hydroelectric Projects Might Be Revoked,” Hydro World, 7 January 2015, http:// www.hydroworld.com/articles/2015/01/investor-licenses-for- vietnam-hydroelectric-projects-might-be-revoked.html. 50 “MARD Releases ‘Ultimatum’ to Hydropower Investors,” VietnamNet Bridge, 25 January 2015, http://english.vietnamnet.vn/fms/ environment/121783/mard-releases--ultimatum--to-hydropower- investors.html. 51 HEA, op. cit. note 37. 52 Ibid. 53 Ibid. 54 IHA, op. cit. note 3. 55 See, for example, Craig Davies and Sandy Ferguson, “Climate Resilience and Hydropower in Tajikistan,” European Bank for Reconstruction and Development, 26 September 2014, http://www.ebrd.com/news/2014/climate-resilience-and- hydropower-in-tajikistan.html. 56 HEA, personal communication with REN21, February 2015. 57 Andritz, Annual Report 2014 (Graz, Austria: 2015), pp. 3–8, http://www.andritz.com/index/gr-investors.htm. 58 Voith, Annual Report 2014 (Heidenheim, Germany: December 2014), p. 53, https://www.voith.com/en/Voith_AR_2014_geschuetzt.pdf. 59 Ibid., p. 54. 60 Ibid., p. 54. 61 Ibid., p. 55. 62 European Commission, “Mergers: Commission Opens In-depth Investigation into General Electric's Proposed Acquisition of Alstom’s Energy Businesses,” press release (Brussels: 23 February 2015), http://europa.eu/rapid/press-release_IP-15-4478_en.htm. ENDNOTES 02 MARKET AND INDUSTRY TRENDS – HYDROPOWER BACK

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