Industry Analysis & Industry Trends
Although hydroelectricity is a renewable energy source and perceived as environmentally friendly, establishing new hydroelectric facilities has been difficult for industry players because of stringent state and federal regulations and a lack of suitable locations. Furthermore, the recession caused financing for large projects to dry up, making it hard for industry firms to break ground. Industry players have remained busy, though, and plans for upgrades are in the works. Industry players are seeking to upgrade facilities as electricity demand climbs and the water keeps flowing... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry's major product, hydroelectricity, is well established, and output typically expands in line with the general economy as a whole. Industry value added (IVA), which measures the industry's contribution to the overall economy, is expected to increase an at an annualized rate of 0.4% in the 10 years to 2018, while US GDP is anticipated to grow at an average annual rate 2.1% in the same period. The high capital cost of constructing hydroelectric facilities, along with community resistance to new dams, has limited output growth. Most industry participants are also well established; however, in some cases, regulatory change has pushed them to focus on either generation or distribution.
The scope for constructing new hydroelectric facilities is limited... purchase to read more