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Friday, 10/22/2021 7:55:28 AM

Friday, October 22, 2021 7:55:28 AM

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$PYBX Global Hydro Power Demand
The International Energy Agency believes that, by the year 2050, annual global hydropower capacities and generation should double to approximately 2,000 GW and 7000 TWH respectively.
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 economic