2025WorldHydropowerOutlookOpportunitiestoadvance net zeroBiha
Supportedby:HydropowerHYDROsarawakSustainabilityGRIDenergyVOITHAlliancehydrapoww
ContentsIntroductionngingdimatechalengesandopportunrinanaqing reservoiremissionsAfricaSouth and Central Asia
ForewordMalcolm Turnbull. HA PresidentHydrapower is play ing an increasingly vital role in the global energy transition.Asthe Andinthe face ofgrowing climate volatility, we must build nat justclean energywords langest source ofrenewabe electridty it delivers not only deanenergy busystems, but resilient ones. Hydropowet when developed sustainably, is uniquelyalsothe fexibilty, reliability and resdaced to suppot communities during droughts and foads, acting asastrate gicslike wind and solar. Encouracinglvwater resource while also reducing emissions.this vears Warld Hydropower Outloak shows that new capacit y is accelerating afterate our 30th anniversary.IHA will continue to push formarketercollaboration across the diverse spectrum of stakeholdersorage hydropower,particulanhat the market alone will noat deliybalstale holders,while scaling up ourae throuah crucial initiatives such asthe Global Alliancefor(PSH)is on the rise aloball . and rightly so. As themoForumonPumped StoraceHvdropowerin Paristhisment-bringing togethergovenment ndustry,of lona-duration eneravstoraae. itis essential todelivevand reliabilitythat modern electricity svstems require. As variablehart adear coursefor thescale-upof lona-durationrene wables grow, pumped storage will become increasingly critical to balancingand sunaetstheiobdone.Theonlyresource wesupply anddemand The pivate sectorsand eady to deliver-buti cannot do so adone.Govenmentmustensurethatmarketframeworks andpolicy support are ft forpurpose. ClearMalcolmTurnbullinvestmentsignalsareneededto expand the projectpipeline and accelerateIHAPresiden
Executive summary4,578rw1,443cw24.6ow189Gw8.4GwRcrcitygaadityadtedin202dPumpedstorapeinstofieeecapxilyhydhopowerin2024ched in2024-10%1.7%22Gw5%6.5Gwmetrom2023addedin2023Hydropowerdevelopmentin2024continued on anupwardtrajetory, with positve,90%of theworld'senergystorage, thepledgetodeploy/1,500GWofstorageby2030signals emerging,particularlyfor pumpedstorage.Atatalof24.6GW ofhydropowerhighlights theurgency,andopportunity,forfurtherhydropowergrowthcapacitywasaddedin2024-astrongperformancedespiteongpingchallenges.Whilethis reporthichliahtsthe growving role of pumped storagein balancing energyGlobalhyd roower aeneration increased by approximately 10% in 2024,reboundingystems with ising shares of variable renevables, it also reaffrms that all orms offrom4,.1807Whin 2023to4.578TWh, despite sianifcant drounht conditionsinlatinaxsentialto achievina dlobal dimate and development gpals,America and southern Africa.This growthillustrates the sector'sresilience, butalsohighlights increasingclimate-drivenvariabilty,whichis expected toshape year-to-yeadeveloping reciansare investing in larae-scale conventional proiects toThe2024totalinduded8.4GW ofPSH-lona considered the"waterbatterv'of thentialthatallfuhurehudron...