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Thursday, 11/12/2020 9:44:05 AM

Thursday, November 12, 2020 9:44:05 AM

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PYBX The expectation is that large hydropower plants as a percentage of total capacity will decrease significantly by 2020, not due to waning efficiency, but rather the increased popularity of smaller plants.

One area of growth will be the increase of pumped storage systems used in existing plant sites for electrical energy storage (EES). According to Pike Research, the EES market grew from $329 million in 2008 to $4.1 billion by 2018.