Hydroelectric Power, Business and Industry Trends Analysis

Of all renewable energy sources, hydroelectric has proven to be one of the most reliable, controllable and cost-effective, as well as the most viable alternative for fossil fuel energy.  BP reports that global hydroelectric consumption grew from 37.32 exajoules in 2018 to 37.64 exajoules in 2019. In the U.S., there were 282,765 gigawatt-hours of net electrical power generation in 2019, down from 291,724 gigawatt-hours in 2018, according to the U.S. Department of Energy (DOE).  During 2019, hydroelectric accounted for 40% of U.S. renewable energy generation and 6.8% of total energy production.  Costs are extremely low, in the two cent per…

A Representative List of Organizations that Have Used our Research and Products: