Hydropower Outlook: Strong
and Getting Stronger
Worldwide the market for hydropower remains
strong, but further analysis of each of its
primary sub-categories reveals additional insights.
The 14-GW Itaipu hydropower dam on the
Parana River that runs between Brazil and
Paraguay. Credit: Deni Williams via Flickr.
MICHAEL HARRIS, Associate Editor, Hydro Review and Hydro Review Worldwide
When the world’s largest producers of greenhouse gasses, the
U.S. and China, added their signatures to the United Nation’s
Paris Climate Agreement in September, it thrust conventional
hydropower, pumped-storage and the emerging marine hydrokinetic (MHK) sectors to the forefront as countries around the
globe look to bolster their renewable feets.
Conventional hydropower projects have long been a sta-
ple of utilities looking for reliable, low-cost generation, while
pumped storage offers the only real solution for econom-
ic, large-scale and on-demand power banks. Meanwhile, the
march toward commercializ-
ing MHK continues to accel-
erate as several test berths
came on line in 2016 and oth-
ers have been announced.
The International Hydropower Association has yet
to update its annual report
to refect 2016 fgures, but
data collected in 2015 shows
hydropower increased by 33
GW — including 2. 5 GW of