Private investors to build 17 new small hydropower plants in Slovakia.

By bne IntelliNews April 16, 2012
Slovakias state-run Water Management Company (SVP) has signed agreements with private investors for the construction of 17 new small hydropower plants, reported. The total installed capacity of the new plants is expected to be at about 13MW. SVP has worked two years to enter into lease agreements with the companies for the allocation of river sections for the construction of hydropower plants. The owners of the plants will pay to SVP for the use of the hydropower potential, namely for the amount of water used for electricity generation. Slovakias long-term strategy for the use of the countrys hydropower potential envisages that small hydropower plants should produce 450GWh of electricity per year by 2015, up from currently 300GWh. Small hydropower plants should produce 850GWh of electricity annually by 2030.

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