About the Hydroelectric Power in Michigan Market Research Report
What’s Included in the Hydroelectric Power in Michigan Market Research Report
Definition of the Hydroelectric Power in Michigan?
Companies in this industry operate facilities that use water to generate hydroelectric and renewable electricity (other than wind and solar power). Industry operators also use renewable energy sources, including wood, municipal waste, landfill gas, biomass and geothermal energy to generate electricity. Data is sourced from the Energy Information Administration and the US Census Bureau.
What’s included in the Hydroelectric Power in Michigan?
The Hydroelectric Power in Michigan includes hydroelectric power generation, wood- and wood waste-fueled power generation, biogenic municipal waste-fueled power generation, geothermal-fueled power generation, other renewable-fueled power generation and other nonfossil-fuel and nonnuclear power generation. Related terms covered in the Hydroelectric Power in Michigan industry report includes a unit of energy measurement equal to one kilowatt expended over one hour, an integrated electricity generator and distributor supplying a defined area, the liquid residue remaining after wood pulp has been cooked for paper manufacture, high-temperature energy from deep below the earth's surface, a broad term denoting any type of energy technology capable of being replenished by natural ecological cycles or sound management, a term that is shorthand for one thousand megawatts and a derived unit of power that measures the rate of energy conversion and is equal to one million watts.
Industry Performance of the Hydroelectric Power industry in Michigan
Benchmark the Hydroelectric Power in Michigan industry performance with all MI county and national performance.
Hydroelectric Power in Michigan
#6 in Highest Revenue 4.5% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Hydroelectric Power in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Hydroelectric Power industry in Michigan
See how key industry drivers, such as population, new business formation, per capita disposable income, average annual precipitation, electric power consumption and price of electric power are impacting Hydroelectric Power in Michigan
Michigan Economic Indicators
Population
New Business Formation
Per Capita Disposable Income
View more economic information in MI State Economic profile
US Key External Drivers
Average annual precipitation
Electric power consumption
Price of electric power
For the full list of industry drivers, see report purchase options.
County Data of the Hydroelectric Power industry in Michigan
Access proprietary data on county in the Hydroelectric Power in Michigan, such as Wayne County, Washtenaw County and Oakland County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Hydroelectric Power industry in Michigan
Download 18 years of historical data and 5 years of projected performance.
