Wednesday, February 23, 2022 11:25:20 AM
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.
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.
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