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Between 2010 and 2019, the annual global weighted-average capacity factors of the 5th percentile of large hydropower projects ranged from a low of 23%, in 2017, to a high of 38% in 2019, while for the 95th percentile, the figure ranged from a low of 60%, in 2010, to a high of 78%, in 2015. Between 2010 and 2019, the global weighted- average capacity factor of newly-commissioned small hydropower projects was 49%. Excluding the years 2017 and 2018, where there is a paucity of data, between 2010 and 2019, the annual, global weighted-average capacity factors of the 5th percentile of small hydropower projects ranged from a low of 29%, in 2012, to a high of 39%, in 2016. For the 95th percentile, these capacity factors ranged from a low of 66%, in 2016, to a high of 76%, in 2015. In the IRENA database, there is often a significant variation in the weighted-average capacity factor by region. Tables 5.3 and 5.4 represent hydropower project capacity factors and capacity weighted- averages for large and small hydropower projects by country and region. Between 2010 and 2014, average capacity factors for newly-commissioned large hydropower projects were highest in Brazil and South America, with 65% and 61%, respectively, while between 2015 and 2019, South America maintained its average capacity factor at 61%, followed by 55% for Eurasia. Meanwhile, Oceania and Europe recorded the lowest average capacity factors for newly-commissioned large hydropower projects, with 29% between 2010 and 2014 and 35% between 2015 and 2019. Small hydropower projects (less than 10 MW) showed a smaller range of country-level weighted- averagevariation (Table 5.4). For these, there was a country-level average low of 46% in China in the period 2010 to 2014. Similarly, weighted-average capacity factors for newly-commissioned small hydropower projects between 2010 and 2014 were highest in Other South America and Brazil, with 65% and 64% respectively, while between 2015 and 2019, due to the limited number of newly commissioned small hydropower projects in the database for Other South America, its weighted average capacity factor was considered not representative. Eurasia showed the highest weighted average capacity factor for this period, with 58%, while Brazil’s dropped to 57%. Table 5.3 Hydropower project capacity factors and capacity weighted averages for large hydropower projects by country/region, 2010–2019 HYDROPOWER 2010-2014 2015-2019 5th percentile (%) Weighted- average (%) 95th percentile (%) 5th percentile (%) Weighted- average (%) 95th percentile (%) Africa 28 50 72 35 52 82 Brazil 51 65 80 39 47 59 Central America 27 48 64 36 53 56 China 31 45 57 35 50 57 Eurasia 27 31 58 31 55 67 Europe 14 33 69 16 35 62 India 30 47 62 22 42 65 North America 18 31 80 34 52 75 Oceania 25 29 42 39 45 48 Other Asia 36 48 66 37 47 73 Other South America 45 61 83 49 61 85 Source: IRENA Renewable Cost Database. 97PDF Image | RENEWABLE POWER GENERATION COSTS IN 2019
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