Climate Change Adaptation in the Water Sector: Lec 4 Climate Change Adaptation in the Water Sector: Lec 4. Using HEMs to Estimate Costs and Benefits of Dams and Reservoirs Brian H. Hurd, PhD, Professor Dept. of Agricultural Economics & Agricultural Business New Mexico State University bhurd @ nmsu.edu http://agecon.nmsu.edu/bhurd Water 水 agua น้ำ aigua eau ura wasser vesi nước νερό acqua baда पानी tubig నీరు தண்ணீர் ນ້ໍາ “Assessing Costs and Benefits of Adaptation: Methods and Data” First Regional Training Workshop – Capacity Building Programme on the Economics of Adaptation Bangkok, Thailand 11 Mar - 14 Mar 2013
Lec 4. Using HEMs to Estimate Costs and Benefits of Dams and Reservoirs Water capture and storage Managing variability and timing-of-use Hydropower production Flood-risk mitigation
Water Capture and Storage Reservoir captures peak inflows during snowmelt season Stored water is then released at a slower rate later in the often drier irrigation season
Hydropower Production Electricity generated from both run-of-river and stored water reservoirs Run of river hydropower, Chief Joseph Dam Columbia River, Bridgeport, Washington image source: http://bricglobal.co.uk/wpdev/wp-content/uploads/2011/11/hydropower_plant.jpg image source: http://upload.wikimedia.org/wikipedia/commons/6/6c/Chief_Joseph_Dam.jpg
Flood-Risk Management source image: Han River Flood Control Office http://www.hrfco.go.kr/html/images/eng/img_eng_10.gif
Reservoir Storage Benefits from Recreation: Rio Grande Basin
Benefits of Stored Water: Reservoir Recreation Benefits
Grazie Gracias Merci’ Beaucoup! Thank You Brian H. Hurd, PhD Department of Agricultural Economics & Agricultural Business Gerald Thomas Hall Rm. 350 New Mexico State University Tel : (575) 646-2674 Email: bhurd@nmsu.edu Web: http://agecon.nmsu.edu/bhurd