Large hydropower dams are at the centre of a debate weighing the value and costs of renewable energy against the risks … of climate change. The debate is especially relevant on the African continent, which offers vast hydropower potential … structure P3 contracts to improve hydropower project value as well as insure sponsors against climate risk. …

expectations of investors investing in small hydropower plants in Norway. Data from 214 licenses granted from 2001 including 2008 … postponing the investment decision. We find empirical support for investors acting in accordance with real options theory …