Hydropower Generation Industry: Top 20 Hydropower Producing Countries in the World 2020

top hydropower producing countries

Hydropower generation is expected to remain as the world’s largest renewable energy source and play a critical role in decarbonising the power system and improving system flexibility through 2020. The global hydropower generation industry has maintained its strong and steady growth over the recent decades, while the top hydropower producing countries in the world are still retaining their dominance in the global market. Despite the growing trend of producing and adopting other renewable energy around the world, such as solar power and wind power, many world’s major economies and many industries are still relying on the use of hydropower as their primary renewable energy source.

This industry fact sheet is to assist industry professionals, investors, and people in general that are interested in gaining insights for the global hydropower generation industry including:

  • How big is the global hydropower generation market?
  • What are the factors driving the global d market growth?
  • Who are the top hydropower producers in the world?
  • What are the global hydropower generation industry trends for future?

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Global Hydropower Generation Industry Overview: Hydropower Figures and Facts 2020

  • Total global hydropower installed capacity reached 1,308 gigawatts (GW) in 2019. This represents a rise of 1.2 percent, down on the five-year annual average of 2.1 percent and well below an estimated 2.0 per cent annual growth required to meet Paris Agreement targets.
  • Fifty countries added hydropower capacity in 2019. Those with the highest individual increases in installed capacity were Brazil (4.92 GW), China (4.17 GW) and Laos (1.89 GW).
  • India overtook Japan as the fifth largest world hydropower producer with its total installed capacity now standing at over 50 GW.
  • The 11,233 MW Belo Monte project in Brazil became fully operational in 2019, while other major projects include the 1,285 MW Xayaburi project in Laos, followed by the 990 MW Wunonglong and 920 MW Dahuaqiao projects in China.
  • Hydropower is expected to be the world’s primary source of renewable power in 2024, with over 9% (121 GW) capacity growth over the forecast period, led by China, India and Brazil. One‑quarter of global growth is expected to come from just three megaprojects: two in China (the 16‑GW Wudongde and 10‑GW Baihetan projects) and one in Ethiopia (the 6.2‑GW Grand Renaissance project).

Source: IEA, IHA

Top Hydropower Producing Countries in the World 2020

top 20 hydropower producing countries

Top 10 Hydropower Producing Countries in the World 2020

1.China – Total Installed Capacity: 356.4 GW

China has remained as the largest hydropower producing country in terms of hydroelectricity generation, capacity and number of new developments since 1996. China’s top two hydropower plants – the 16‑GW Wudongde and 10‑GW Baihetan projects – are currently the world’s largest hydropower plants by capacity.

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2. Brazil – Total Installed Capacity: 109.1 GW

Brazil is ranked second place on the list of the top 20 hydropower producing countries in 2020. Much of Brazil’s hydropower potential arises from the northern Amazon River basin. As of 2018, Brazil planned to add 3.8 gigawatts of hydropower capacity. A Belo Monte dam along the Xingu River is expected to be completed in 2019 and will be the second-largest dam in Brazil (and second-largest dam in the world).

3. US – Total Installed Capacity: 102.8 GW

The US is one of the top hydropower producing countries in the world with over 102.8 GW total installed capacity as of 2020. The country has one of the world’s biggest hydroelectric power plants- the 6.81GW Grand Coulee hydropower project located on the Columbia River in Washington.

4. Canada – Total Installed Capacity: 81.4 GW

Canada is another one of the world’s leading hydropower producing countries with over 81.4 GW total installed capacity as of early 2020. Canada is home to two massive hydroelectric power stations that include the 5,616MW Robert-Bourassa generating station and the 5,428MW Churchill Falls Generating Station.

5. India – Total Installed Capacity: 50.1 GW

The Indian government announced several measures to support hydropower development, including declaring that large hydropower (>25MW) is officially a renewable energy source. This move will enable new, large projects to benefit from the nonsolar Renewable Purchase Obligation, which mandates that regional utilities purchase a portion of their electricity from hydropower.

6. Japan – Total Installed Capacity: 49.9 GW

Japan is another one of the top hydropower producing countries in Asia and around the world. Japan’s total hydropower installed capacity reached nearly 50 GW as of early 2020. Although it lost its fifth position on the list of the world’s top hydropower producing countries to India in 2019, it’s still one of the global leaders in hydropower generation industry.

7. Russia – Total Installed Capacity: 49.9 GW

Russia’s hydropower capacity was nearly 50 GW in 2020, according to the IHA report. Russia is home to two major hydroelectric power plants in the world. The two plants include the Sayano-Shushenskaya hydropower plant and the Krasnoyarsk Hydroelectric Power Plant. The Sayano-Shushenskaya hydropower plant has an installed capacity of 6,400MW, while the Krasnoyarsk Hydroelectric Power Plant has an installed capacity of 6,000MW.

8. Norway – Total Installed Capacity: 32.7 GW

Norway achieved a total hydropower installed capacity of 32.7 GW as of early 2020, making it the largest hydropower producer in Europe. In 2019, Norway newly installed 134 MW hydropower generation capacity. The country’s capacity additions are expected to continue in the next few years.

9. Turkey – Total Installed Capacity: 28.5 GW

Turkey is among the world’s top 10 hydropower producing countries in 2020. Turkey’s total hydropower generation capacity reached 28.5 GW in the beginning of 2020. The country is also among the world’s top 10 countries with the highest newly installed capacity in 2019, which 219 MW capacity were installed.

10. France – Total Installed Capacity: 25.6 GW

With over 25.6 GW total installed capacity, France is one of the top hydropower producing countries in Europe and the world. France installed a new 240 MW Pelton turbine was inaugurated at La Coche pumped storage station, replacing old units and increasing the site’s capacity by 20 percent.

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Global Hydropower Generation Industry Trends for Future

Despite the 3 largest newly installed project, new capacity additions around the world is set to decline over the next five years, according to the forecast from IEA. This is largely due to a slowdown in the two largest markets, China and Brazil, where growth is challenged by rising investment costs due to remaining economical sites being limited and to extra expenditures to address social and environmental impacts. Meanwhile, annual installed capacities are expected to expand in sub-Saharan Africa and in the ASEAN region as untapped potential is exploited to meet rising power demand over the next few years.

Renewable energy continues to shape the future of how we do business, it has become important to build relationships with top companies from these leading hydropower producing countries. Imagine if you could identify the top 10 hydropower producing countries in the world today without endlessly scouring the internet? Or even better, what if you could connect with them right from this article? We’ve done the hard work and number crunching to provide you with the most comprehensive list of leading companies in the top hydropower markets yet so that you can directly connect with them on BizVibe.

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