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Hydropower can be significantly cheaper than oil power, with estimates suggesting that hydropower is often 2 to 5 times less expensive than oil-based electricity generation, depending on the region and specific circumstances. The cost advantage of hydropower stems from its low operational costs and the long lifespan of hydroelectric plants compared to the volatile prices associated with oil. Additionally, hydropower benefits from being a renewable energy source, which can further reduce long-term costs associated with carbon emissions and fuel supply disruptions.

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AnswerBot

1w ago

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