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“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 Brian H. Hurd, PhD, Professor Dept. of Agricultural Economics & Agricultural Business New Mexico State University bhurd @ nmsu.edu http://agecon.nmsu.edu/bhurd

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

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Brian H. Hurd, PhD, Professor Dept . of Agricultural Economics & Agricultural Business New 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. - PowerPoint PPT Presentation

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Page 1: “Assessing Costs and Benefits of Adaptation: Methods and Data”

“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

Brian H. Hurd, PhD, ProfessorDept. of Agricultural Economics & Agricultural BusinessNew Mexico State University bhurd @ nmsu.edu http://agecon.nmsu.edu/bhurd

Page 2: “Assessing Costs and Benefits of Adaptation: Methods and Data”

• Water capture and storage• Managing variability and timing-of-use• Hydropower production • Flood-risk mitigation

Page 3: “Assessing Costs and Benefits of Adaptation: Methods and Data”

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

Page 4: “Assessing Costs and Benefits of Adaptation: Methods and Data”

Hydropower ProductionElectricity generated from both run-of-river

and stored water reservoirs

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

Run of river hydropower, Chief Joseph DamColumbia River, Bridgeport, Washington

Page 5: “Assessing Costs and Benefits of Adaptation: Methods and Data”

source image: Han River Flood Control Office http://www.hrfco.go.kr/html/images/eng/img_eng_10.gif

Page 6: “Assessing Costs and Benefits of Adaptation: Methods and Data”
Page 7: “Assessing Costs and Benefits of Adaptation: Methods and Data”

Benefits of Stored Water: Reservoir Recreation Benefits

Elephant Butte ReservoirMax. Cap. = 2065 kaf

-1000

0

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0 500 1000 1500 2000 2500 3000 3500 4000

Reservior Storage (kaf/yr)

Page 8: “Assessing Costs and Benefits of Adaptation: Methods and Data”

Merci’ Beaucoup!GrazieThank YouGracias

Brian H. Hurd, PhDDepartment of Agricultural Economics & Agricultural BusinessGerald Thomas Hall Rm. 350New Mexico State UniversityTel : (575) 646-2674Email: [email protected]: http://agecon.nmsu.edu/bhurd