Hydropower Generation Capacity 2013-2022
January 12, 2024
Hydropower generating capacity has grown steadily since 2013 at an average annual rate of just under 2.5%; from 1150 GW to 1400 GW.
Hydro Generation Capacity By Country (GW) 2013-2022
January 12, 2024
China’s hydro capacity grew by almost 50% from 2013 to 2022 followed by Brazil by almost 25% and India almost 20%.
Top 10 Countries By New Installed Capacity In 2022
January 12, 2024
The greatest amount of new installed capacity was led by China.
Hydropower Generation 2010-2022
January 12, 2024
Global hydroelectricity power generation has only increased 14% over the past 10 years (1.5% annual growth rate) from about 3800 TWh to over 4300 TWh in 2022. Considerably slower growth than other renewables like solar and wind.
Hydropower Generation By Country (TWH)
January 12, 2024
Combined, these six countries accounted for almost 70% of the total global hydroelectric generation in 2022.
Hydropower Capacity Forecast 2022-2030
January 12, 2024
Global hydropower capacity additions could be 40% higher through 2030 if governments addressed the hurdles to foster quicker deployment. However, Incorrys does not expect this to occur and is forecasting annual capacity increases of 30-40 GW (230 GW total) from under 1400 GW in 2022 to just over 1600 GW in 2030.
5 Largest Hydroelectric Projects Under Construction
January 12, 2024
The 5 largest hydropower projects, with in-service dates before 2030, are expected to add over 20 GW of capacity. Two are in Pakistan and one each in Ethiopia, Tajikistan, and Nigeria.
Hydropower Generation Forecast
January 12, 2024
Global generation from hydropower is expected to decline by almost 2% (80 TWh) in 2023 primarily due to drought conditions in China, the largest hydropower producer. Incorrys expects that post 2023, under normal weather conditions, the global trend will return to positive, albeit at a modest 2% annually through 2030. Generation increases from about 4250 TWh in 2023 to 4650 TWh over that period.