Hydropower Generation Market: Growth Trends by Manufacturers, Regions, Type and Application, Forecast 2025
Hydropower
is the most mature, reliable and cost-effective renewable power
generation technology where power is derived from the energy of water
moving from higher to lower elevations. It is a proven, anticipated,
and typically price-competitive technology. Hydropower has one of the
best efficiencies of conversion of all known energy sources (water to
wire 90 percent efficiency).
Hydropower installations have been registering steady growth, majorly driven by the demand for reliable, clean, and affordable power, as countries seek options to meet the carbon reduction goals set out in the Paris Agreement. Electricity generation, especially from conventional coal and petroleum-based power plants, has been identified as a significant source of greenhouse gas emission. Electricity, however, is a resource that people cannot live without, and its demand is only increasing, with growing industrialization and urbanization. This has forced governments of various countries to focus on renewable energy sources (such as wind, solar, hydro, nuclear, geothermal, etc.), which have the capability of generating clean electricity.
Hydropower installations have been registering steady growth, majorly driven by the demand for reliable, clean, and affordable power, as countries seek options to meet the carbon reduction goals set out in the Paris Agreement. Electricity generation, especially from conventional coal and petroleum-based power plants, has been identified as a significant source of greenhouse gas emission. Electricity, however, is a resource that people cannot live without, and its demand is only increasing, with growing industrialization and urbanization. This has forced governments of various countries to focus on renewable energy sources (such as wind, solar, hydro, nuclear, geothermal, etc.), which have the capability of generating clean electricity.
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Asia-Pacific
region continues to account for the largest share of the global
installed hydropower of all regions in the world. China alone
accounts for more than 25% of the global hydropower capacity, and
added approximately 11.74 GW of new capacity in 2017, including 3.74
GW of pumped storage, taking its total installed capacity to 331 GW,
including 26.7 GW of pumped storage. China is expected to witness
capacity expansion by 2023, in line with the nations strategy to
minimize reliance on coal. The country has most of unutilized
hydropower potential. Therefore, there is a considerable prospect for
further hydro development.
This report focuses on Hydropower Generation volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydropower Generation market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
This report focuses on Hydropower Generation volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydropower Generation market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
BC Hydro
Hydro-Qubec
Rus Hydro
China Yangtze Power
Agder Energi
Duke Energy Corporation
Georgia Power Company
Ontario Power Generation
Stat Kraft
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Large Hydropower
Small Hydropower
Segment by Application
Industrial
Residential
Commercial
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