Can U.S. Hydropower Compete in a New Energy Era?
Market Intelligence Analysis
AI-PoweredThe US hydropower industry is a significant source of renewable energy, contributing 27% of utility-scale renewable electricity generation and 5.86% of total utility-scale electricity production in 2024. Despite being a long-established industry, hydropower's competitiveness in the new energy era remains uncertain. The industry's future prospects will depend on its ability to adapt to changing market conditions and technological advancements.
Market impact analysis based on neutral sentiment with 75% confidence.
Article Context
The United States has long used hydropower, which is now the country’s largest source of renewable energy, for electricity production. Hydropower contributed 27 percent of total U.S. utility-scale renewable electricity generation and 5.86 percent of total utility-scale electricity production in 2024. The U.S. first started developing its hydropower fleet in the late 1800s, long before other renewable energy sources, such as wind and solar power. Hydropower plants produce electricity using the elevation difference created by a dam or…
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