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A Cost-Benefit Analysis of Bakhtiari Hydropower Dam Considering the Nexus between Energy and Water

Author

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  • Sanaz Tajziehchi

    (Department of Environmental Engineering, School of Environment, College of Engineering, University of Tehran, Tehran P.O. Box 14155-6135, Iran)

  • Abdolreza Karbassi

    (Department of Environmental Engineering, School of Environment, College of Engineering, University of Tehran, Tehran P.O. Box 14155-6135, Iran)

  • Gholamreza Nabi

    (Department of Environmental Engineering, School of Environment, College of Engineering, University of Tehran, Tehran P.O. Box 14155-6135, Iran)

  • ChangKyoo Yoo

    (Integrated Engineering, Deptartment of Environmental Science and Engineering, College of Engineering, Kyung Hee University, 1732 Deogyeong-daero, Giheung-gu, Yongin-si 17104, Gyeonggi-do, Korea)

  • Pouya Ifaei

    (Integrated Engineering, Deptartment of Environmental Science and Engineering, College of Engineering, Kyung Hee University, 1732 Deogyeong-daero, Giheung-gu, Yongin-si 17104, Gyeonggi-do, Korea)

Abstract

Hydropower stations have supplied most of the green electricity in various parts of the world. Nonetheless, the economic profit of hydro-electricity lies beyond its social costs in many cases. Despite the short-term economic benefits of large dams, their sustainable pros and cons are doubted. This study aims to investigate the long-term profitability of large hydropower stations by considering the nexus between the environmental, economic, and social aspects. Much progress has been made in simplifying feasibility studies of hydropower stations by developing comprehensive software and models according to the United Nations Sustainable development goals. Developed by International Atomic Energy Agency (IAEA), the SimPacts has become one of the most frequently-used simple models to estimate the external costs of electricity generation since 2003. Hydropower’s Environmental Costs Analysis Model (HECAM) is a popular user-friendly version of the model that includes more details for benefits estimation. In the present investigation, sedimentation and evaporation effects of constructing hydropower dams are added to previous cost estimation factors to upgrade the HECAM model to HECAM II. Bakhtiari hydropower dam (located in Lorestan province in Iran) is employed as a case study to verify the new model. The results showed that the total cost and revenue, as well as the benefit to cost ratio, were 79.13 US$/MWh, 203 US$/MWh, and 2.57, respectively. The new HECAM II model showed that the operation of Bakhtiari Dam would alleviate the socio-environmental doubts through a long-term plan in the region.

Suggested Citation

  • Sanaz Tajziehchi & Abdolreza Karbassi & Gholamreza Nabi & ChangKyoo Yoo & Pouya Ifaei, 2022. "A Cost-Benefit Analysis of Bakhtiari Hydropower Dam Considering the Nexus between Energy and Water," Energies, MDPI, vol. 15(3), pages 1-17, January.
  • Handle: RePEc:gam:jeners:v:15:y:2022:i:3:p:871-:d:733552
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    References listed on IDEAS

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    1. Jin, Yi & Behrens, Paul & Tukker, Arnold & Scherer, Laura, 2021. "The energy-water nexus of China’s interprovincial and seasonal electric power transmission," Applied Energy, Elsevier, vol. 286(C).
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    Cited by:

    1. Ifaei, Pouya & Tayerani Charmchi, Amir Saman & Loy-Benitez, Jorge & Yang, Rebecca Jing & Yoo, ChangKyoo, 2022. "A data-driven analytical roadmap to a sustainable 2030 in South Korea based on optimal renewable microgrids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
    2. Kamal Abdelrahim Mohamed Shuka & Wang Ke & Mohammad Sohail Nazar & Ghali Abdullahi Abubakar & AmirReza Shahtahamssebi, 2022. "Impact of Hydrological Infrastructure Projects on Land Use/Cover and Socioeconomic Development in Arid Regions—Evidence from the Upper Atbara and Setit Dam Complex, Kassala, Eastern Sudan," Sustainability, MDPI, vol. 14(6), pages 1-23, March.

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