This study examines how hydroelectric power projects, specifically the CanmetENERG initiative in Cameroon, play a crucial part in promoting sustainable development. Hydropower, seen as a cheap, local, and sustainable power source, is given top priority in government funding plans, especially in emerging nations. By making use of the RETScreen Clean Energy Project Analysis Software, the analysis examines the financial feasibility of different choices for CanmetENERG, emphasizing the importance of a holistic strategy that incorporates economic, environmental, and social factors in project development. The importance of factoring in environmental, social, and cultural aspects in project development is highlighted by the substantial influence of tunnel construction on total expenses. The paper suggests harnessing Cameroon’s unused hydroelectric capacity while following sustainable development principles and international standards. It emphasizes the need for a well-rounded strategy that focuses on economic sustainability in addition to environmental and social issues to guarantee Cameroon’s energy market can sustain itself. Moreover, the research emphasizes the continuing need for advancements in hydroelectric power through research and technology, encouraging cooperation between academia, industry, and policymakers. Community involvement and stakeholder engagement are considered essential for inclusive decision-making and socially responsible project development. It is advised to use adaptive management tactics to deal with changing environmental and socio-economic circumstances. The CanmetENERG case study showcases a model for responsible and sustainable hydropower development that boosts the country’s energy security and environmental resilience. Apart from this particular instance, the study provides more extensive perspectives on effective methods for sustainable energy development, emphasizing the difficulty of maintaining a good balance between energy security, economic feasibility, and ecological sustainability. It requires a strategic shift towards self-sufficiency in energy and decreased reliance on imports. The article envisions a collaborative, interdisciplinary approach to shaping the future of hydroelectricity, emphasizing continuous research, technological advancements, and the involvement of key stakeholders. By promoting creativity, eco-friendly practices, and community engagement, hydroelectric projects can act as catalysts for sustainable development, making valuable contributions to society.
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