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The Grand Ethiopian Renaissance Dam (GERD) is estimated to cost close to 5 billion US dollars, about 7% of the 2016 Ethiopian gross national product. [36] The lack of international financing for projects on the Blue Nile River has persistently been attributed to Egypt's campaign to keep control of Nile water sharing. [36]
The two-day talks between Ethiopia, Sudan and Egypt on the disputed Grand Ethiopian Renaissance Dam ended on Sunday night in Addis Ababa, the Ethiopian capital.
Ethiopia produces all the power for its national grid from renewable sources, and is home to the Grand Ethiopian Renaissance Dam, the largest hydropower plant in Africa.
The Gibe II dam has been affected by such problems even after its completion, when a tunnel collapsed and put the hydropower plant out of service for several months. The grand Ethiopian renaissance dam was delayed as well, because of upgrading the power from 5250 watt to 6000 watt, budget problems and dispute with government of Egypt.
The Three Gorges Dam in Hubei, China, has the world's largest instantaneous generating capacity at 22,500 MW of power. In second place is the Baihetan Dam, also in China, with a capacity of 16,000 MW. The Itaipu Dam in Paraguay and Brazil is the third largest with 14,000 MW of power.
Egypt, which has been in virtual control of the Nile water for centuries, is alarmed by Ethiopia’s challenge to its domination in the basin How to understand the Grand Renaissance Dam tensions ...
Koysha will depend on the cascade with Gibe III and is considered to be operated partially in run-of-river mode. And finally, the Grand Ethiopian Renaissance Dam, the live volume is about 59.2 km 3, also 80% of the total size of the reservoir.
The Ethiopian Renaissance (Amharic: የኢትዮጵያ ህዳሴ) is a term similar to the African Renaissance, but more focusing on positive image of traditions and history of Ethiopia. The term also implied by the government for propaganda and political purpose such as in the controversial Grand Ethiopian Renaissance Dam project.