“Assessing Costs and Benefits of Adaptation: Methods and Data”

Brian H. Hurd, PhD, ProfessorDept. of Agricultural Economics & Agricultural BusinessNew Mexico State University bhurd @ nmsu.edu http://agecon.nmsu.edu/bhurd Climate Change Adaptation in the Water Sector: Lec 4. Using HEMs to Estimate Costs and Benefits of Dams and Reservoirs Water 水 agua น้ำaigua eau ura wasser vesi nướcνερό acqua baда पानीtubigనీరుதண்ணீர்ນ້ໍາ “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 DamColumbia 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

Merci’ Beaucoup! Grazie Gracias 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

“Assessing Costs and Benefits of Adaptation: Methods and Data”