Cataloging and Quantifying Value Streams from Non-Powered Dam Conversion

Abstract

Hydropower is a key resource in the United States’ renewable energy transition; however, only 3% of existing dams in the United States currently generate electricity. While many non-powered dams (NPDs) have the potential for energy generation, hydropower addition to these dams has been slow. This is likely due, in part, to perceptions that hydropower development has prohibitively long payback periods, especially in comparison to other renewable energy resources that have shorter development processes. On the other hand, powering some NPDs may unlock new value streams in addition to the value obtained from selling generated energy. There is a need to understand and quantify a wider range of additional value streams to help increase the feasibility of such hydropower projects. In this work, we catalog indirect value streams and difficult-to-quantify direct value streams from NPD retrofitting, specifying which stakeholders are affected, and what kind of impacts (positive or negative) might occur. We identify appropriate quantification methodologies for these indirect value streams and describe the best practices around their implementation for NPD site-level analysis. We also demonstrate the quantification of a few indirect value streams for a selected NPD site, allowing for easier integration of these value streams into future studies by providing basis and background for quantifying these elements.