The inaugural 2023 Outlook sets out a realistic roadmap to enable hydropower and other renewables to deliver against net zero targets.
Inside you will find key highlights:
- At 34 GW, 2022 marks the first time since 2016 that more than 30 GW of hydropower came online, including 10 GW of pumped storage (PSH).
- Hydropower currently provides over 15% of the world's electricity.
- Current pipeline shows 590 GW of hydropower projects at various stages of development, including 214 GW of PSH.
- To continue momentum and reduce the 700 GW gap between pipeline and net zero pathways, governments must work collaboratively to boost investment, streamline licensing and introduce sustainable practice regulations.