$7.0bn
$X.Xbn
8,382
246
$X.Xbn
Droughts have limited the availability of water in specific regions across the country. This led to delays in hydroelectric infrastructure investment, halting upgrades to expand storage and efficiency. Although hydroelectricity is an environmentally friendly renewable energy source, it has received considerable scrutiny from state governments because hydroelectric dams can damage river resources. This has led to a slowdown in new facilities as many producers have switched to small hydro projects. Overall, revenue is expected to dip at a CAGR of 4.2% through the five years, reaching $7.0 billion in 2024, where revenue is set to get a 1.9% boost. Profit remains elevated at 16.6% of revenue as renewable energy projects tend to be profitable.
Industry revenue has declined at a CAGR of 4.2 % over the past five years, to reach an estimated $7.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Pg&E Corp | 1,027.9 | 82.0 | 8.0 |
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Industry revenue is measured across several distinct product and services lines, including Hydroelectric electricity, Biomass electricity and Geothermal electricity. Hydroelectric electricity is the largest segment of the Hydroelectric Power in the US.
Hydroelectricity is well established
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.
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NAICS 221111 - Hydroelectric Power in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Major droughts have lowered the water supply available. Producers are producing less electricity because of the lack of water, hindering revenue.
Learn about an industry's products and services, markets and trends in international trade.
Out of all major market segments, industrial customers consume the most electricity. They pay lower prices than residential and commercial consumers because they buy in bulk.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Areas with large rivers are perfect for hydropower because of the access to water. The Southeast is home to the Tennessee River, which many states use for electricity generat...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Hydroelectric, geothermal and biomass power compete with traditional energy and other renewable energy sources. Companies compete based on price and ease of access.
Learn about the performance of the top companies in the industry.
Pacific Gas and Electric Company joined the National Hydropower Association (NHA) in August 2021. Its membership in the NHA capped off National Hydropower Day, as both partie...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Renewable energy targets and requirements support growth. More companies are entering the industry to meet the goals set by the state.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Most hydroelectric power facilities are old and require constant maintenance. Maintenance costs make up the bulk of miscellaneous expenses to ensure facilities meet standards...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Hydroelectric Power in the US industry in United States is $7.0bn in 2024.
There are 246 businesses in the Hydroelectric Power in the US industry in United States, which has grown at a CAGR of 4.6 % between 2019 and 2024.
The market size of the Hydroelectric Power in the US industry in United States has been declining at a CAGR of 4.2 % between 2019 and 2024.
Over the next five years, the Hydroelectric Power in the US industry in United States is expected to grow.
The biggest company operating in the Hydroelectric Power market in United States is Pg&E Corp
Hydroelectric power generation and Wood- and wood waste-fueled power generation are part of the Hydroelectric Power in the US industry.
The company holding the most market share in United States is Pg&E Corp.
The level of competition is moderate and increasing in the Hydroelectric Power in the US industry in United States.