Monday, May 18, 2020 9:40:49 AM
There is new growth expected in both underdeveloped countries and industrialized countries, where upgrading or redeveloping existing plants will deliver additional benefits and efficiency and will mitigate the limiting factors of large-scale hydropower production.
Hydropower is being produced mostly by large generating plants; however, the environmental impact and bad press experienced by those plants in recent years will make it difficult for developers to build new large dams.
As a result, new investments are less likely due to the environmental concerns, regulatory hurdles and poor economics. Instead the push is towards smaller projects and/or refurbishment of the larger facilities.
https://www.hydropowertechnologies.com/the-market/
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