Industry Analysis & Industry Trends
The construction of hydroelectric plants is limited by the availability of suitable locations for power plants. Hydroelectric power has been harvested since the nineteenth century, so locations are increasingly limited. This factor, as well as several years of drought and a greater focus on wind and solar power as renewable energy sources, has caused the industry to decline over the past five years. Still, an increase in demand for electricity and a continued shift away from fossil fuel-based and nuclear power will renew growth in the five years to 2017.... purchase to read more
Industry Report - Industry Locations Chapter
In most cases, power consumption closely matches generation (from all fuel sources). Likewise, the distribution of hydroelectric power plants matches that of hydroelectric power production. Some hydroelectric power plants are located on rivers, streams and canals, but for a reliable water supply, plants are built on dams. Due to this reliance on water, some regions have a significant number of power plants, while others have a limited number of plants.
Hydroelectric power plants are generally located near available suitable waterways. Additionally, to be constructed most efficiently, the dam or river must have a large drop in elevation. As such, there are not many hydroelectric power plants in flat states like Kansas or North Dakota... purchase to read more