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what is hydro electric project explain it?

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy, accounting for 16 percent of global electricity generation – 3,427 terawatt-hours of electricity production in 2010, and is expected to increase about 3.1% each year for the next 25 years.

Hydropower is produced in 150 countries, with the Asia-Pacific region generating 32 percent of global hydropower in 2010. China is the largest hydroelectricity producer, with 721 terawatt-hours of production in 2010, representing around 17 percent of domestic electricity use. There are now three hydroelectricity plants larger than 10 GW: the Three Gorges Dam in China, Itaipu Dam across the Brazil/Paraguay border, and Guri Dam in Venezuela.

The cost of hydroelectricity is relatively low, making it a competitive source of renewable electricity. The average cost of electricity from a hydro plant larger than 10 megawatts is 3 to 5 U.S. cents per kilowatt-hour.[1] Hydro is also a flexible source of electricity since plants can be ramped up and down very quickly to adapt to changing energy demands. However, damming interrupts the flow of rivers and can harm local ecosystems, and building large dams and reservoirs often involves displacing people and wildlife. Once a hydroelectric complex is constructed, the project produces no direct waste, and has a considerably lower output level of the greenhouse gas carbon dioxide (CO2) than fossil fuel powered energy plants.

Advantages
The Ffestiniog Power Station can generate 360 MW of electricity within 60 seconds of the demand arising.
Flexibility

Hydro is a flexible source of electricity since plants can be ramped up and down very quickly to adapt to changing energy demands.
Low power costs

The major advantage of hydroelectricity is elimination of the cost of fuel. The cost of operating a hydroelectric plant is nearly immune to increases in the cost of fossil fuels such as oil, natural gas or coal, and no imports are needed. The average cost of electricity from a hydro plant larger than 10 megawatts is 3 to 5 U.S. cents per kilowatt-hour.

Hydroelectric plants have long economic lives, with some plants still in service after 50–100 years.[18] Operating labor cost is also usually low, as plants are automated and have few personnel on site during normal operation.

Where a dam serves multiple purposes, a hydroelectric plant may be added with relatively low construction cost, providing a useful revenue stream to offset the costs of dam operation. It has been calculated that the sale of electricity from the Three Gorges Dam will cover the construction costs after 5 to 8 years of full generation.
Suitability for industrial applications

While many hydroelectric projects supply public electricity networks, some are created to serve specific industrial enterprises. Dedicated hydroelectric projects are often built to provide the substantial amounts of electricity needed for aluminium electrolytic plants, for example. The Grand Coulee Dam switched to support Alcoa aluminium in Bellingham, Washington, United States for American World War II airplanes before it was allowed to provide irrigation and power to citizens (in addition to aluminium power) after the war. In Suriname, the Brokopondo Reservoir was constructed to provide electricity for the Alcoa aluminium industry. New Zealand's Manapouri Power Station was constructed to supply electricity to the aluminium smelter at Tiwai Point.
Reduced CO2 emissions

Since hydroelectric dams do not burn fossil fuels, they are claimed to not directly produce carbon dioxide. While some carbon dioxide is produced during manufacture and construction of the project, this is a tiny fraction of the operating emissions of equivalent fossil-fuel electricity generation. One measurement of greenhouse gas related and other externality comparison between energy sources can be found in the ExternE project by the Paul Scherrer Institut and the University of Stuttgart which was funded by the European Commission. According to that study, hydroelectricity produces the least amount of greenhouse gases and externality of any energy source. Coming in second place was wind, third was nuclear energy, and fourth was solar photovoltaic. The low greenhouse gas impact of hydroelectricity is found especially in temperate climates. The above study was for local energy in Europe; presumably similar conditions prevail in North America and Northern Asia, which all see a regular, natural freeze/thaw cycle (with associated seasonal plant decay and regrowth). Greater greenhouse gas emission impacts are found in the tropical regions, the lower latitude regions of the earth, as it has been noted that the reservoirs of power plants in tropical regions produce a larger amount of the greenhouse gas methane.
Other uses of the reservoir

Reservoirs created by hydroelectric schemes often provide facilities for water sports, and become tourist attractions themselves. In some countries, aquaculture in reservoirs is common. Multi-use dams installed for irrigation support agriculture with a relatively constant water supply. Large hydro dams can control floods, which would otherwise affect people living downstream of the project.


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