This post is one in a series of feature stories on trends shaping advanced energy markets in the U.S. and around the world, drawn from Advanced Energy Now 2015 Market Report, which was prepared for AEE by Navigant Research.
Hydropower is a mature technology that has tapped most of the resources available in developed countries, with the exception of Canada, which continues to eye large hydro projects. Despite this, there are still hydro opportunities available in the United States. An estimated $4 billion worth of orders were made over the past four years, mostly to repower and/or upgrade aging hydroelectric plants, develop small projects, and create energy storage (pumped hydro), totaling 618 MW of installed capacity.