Feasibility analysis of construction of new hydropower plants in Ukraine taking into account the risk of unused possibilities

Abstract

The article presents results of feasibility analysis of construction of new hydropower plants in Ukraine according to the Hydropower development program for the period till 2026, which was approved by our Government in 2016. In particular, there are analyzed perspective plans for building the Kakhovka hydropower plant #2 and six new hydropower plants on the river Dniester, as well as developing small hydropower in the country. The feasibility analysis is based on pairwise comparison of alternatives by the criterion of minimum aggregate risk taking into account the risk of unused opportunities. Components of aggregate risks of alternatives are estimated in dimensionless units for water-energy and operability characteristics and costs of commissioning of new hydro aggregates.