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Hydropower plays an important role in meeting the world’s growing electricity needs. It is a source of power in around 160 countries worldwide. Since the 1990s, hydropower growth has been driven by concerns regarding climate change, energy security and the volatility of fossil fuel prices. Today, hydropower accounts for around one-sixth of the world’s electricity supply.
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The Global Hydropower Industry, Market Size and Growth
The Asia-Pacific region leads the global hydro power market with a total installed capacity of 295,764 MW at the end of 2008. The region has witnessed tremendous growth in the hydro electric sector over the years, principally because of strong growth in the leading hydro power nations such as China, Japan, India and Australia. This gives a positive indication of the growth of the region in the coming few years. It is expected that cumulative installed hydro capacity will grow at a CAGR of 6.92% during the period 2009-13 to reach the figure of 434,388 MW by the end of 2013.
This latest hydropower data and analysis was taken from the research report "Asia – Pacific Hydro Power Market Analysis and Forecasts to 2013
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published by Global Markets Direct - for more information on this report,
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