Development of hydropower generation as a factor of the international agenda

The subject of the article is the development of global hydropower generation as an integral part of the international energy agenda. The introduction of hydropower generation technologies meets the main challenges of the global energy market, contributes to increasing energy efficiency and saving resources, represents a great potential for solving global problems: creating an energy base for economic development in developing countries, increasing domestic production, stabilizing the social situation, reducing dependence on hydrocarbons, reducing carbon dioxide emissions, increasing energy security. The development of hydropower contributes to increasing the stability of the global energy infrastructure, allows us to achieve the clearest correspondence between the needs of the energy system and the volume of electricity generation. The scientific novelty of the work lies, first of all, in its macroeconomic nature. The main conclusion of the study is that hydrogenation plays a significant role on the international agenda, contributing to the achievement of sustainable development goals, combating climate change and ensuring energy stability and economic development. Hydroelectric power plants allow states to increase their independence and mitigate the consequences of rising energy prices. In the conditions of modern energy transition, hydrogenation can be considered as the optimal solution to two seemingly contradictory problems: ensuring the possibility of economic development, improving living standards, and reducing anthropogenic impact on the environment. The most important development of hydropower is seen for the countries of the Global South, which are in conditions of permanent energy shortage. The development of this direction of electric generation will create a long-term stable basis for economic and social development, real economic decolonization, smoothing out the global imbalances of inequality of opportunities. The multiplicative economic effect of hydroelectric projects both at the stage of construction and operation of facilities is interesting, as well as the investment attractiveness of hydroelectric power as at the same time the cheapest, relatively predictable and environmentally friendly energy source corresponding to ESG certificates. The results obtained can be used to develop solutions in the field of hydropower in Russia, including in the field of the country's foreign policy.

Hydropower, renewable energy sources, BRICS countries, Environmental, Social and Governance (ESG), Investments in hydropower energy, Energy sovereignty, Energy security, Global Hydropower Alliance, Greenhouse gas emissions, Hydropower potential