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Hydro electricity is a form of renewable energy generated by the force of falling water. It is the most widely used form of renewable energy, accounting for 16% of global electricity production. Hydroelectric power plants use the energy of falling water to generate electricity. The water is collected in a reservoir and released through a turbine, which spins a generator to produce electricity. The electricity is then transmitted to consumers through a network of power lines.
Hydroelectric power plants are typically located in areas with high rainfall and steep terrain, such as mountains and hills. They are also often located near rivers and lakes, where the water can be collected and stored in a reservoir.
The hydro electricity market is highly competitive, with many companies offering a range of products and services. Companies in the market include Voith Hydro, Andritz Hydro, GE Renewable Energy, Siemens, and Alstom. Show Less Read more