2022 Hydropower Industry Research of Owners for Owners
2022 Report Foreword
We are pleased to present the findings from the second year of the "Ear to the River" survey, an annual initiative exploring the North American hydroelectric industry. This survey was created through a collaborative effort between the Ontario Waterpower Association, the Hydropower Foundation, and Kleinschmidt Associates in 2021. The survey's primary objective is to provide insights beyond publicly available information, such as FERC filings, which may not fully capture the industry's future trajectory.
The "Ear to the River" survey offers valuable insights to hydroelectric asset owners by showcasing the strategies and perspectives of their industry peers across North America. Moreover, it supports advocacy efforts by supplying data on the potential impact of various policies on the industry's role in the clean energy transition. Additionally, the survey assists vendors and suppliers in identifying opportunities within this flourishing clean energy sector.
Our partners and industry advisors have carefully crafted the survey's focus while GreatBlue Research, a professional survey firm, conducted and managed the research process. The survey was open until mid-November 2022, and we are now delighted to share the final results. We have maintained the confidentiality of all respondents and individual responses, presenting the findings by industry segment and geographic region wherever possible.
2022 Survey Participants Overview
In general, the responses we received provide a comprehensive overview of the industry, with participation from asset owners across the United States and Canada and various types of organizations, including independent hydropower producers and municipally owned electric utilities. However, while we had hoped for greater survey participation, we still appreciate the valuable insights from those who participated.
It's worth noting that the broad range of topics covered in this year's survey may have posed a challenge for larger organizations in particular, which could explain the lower participation rate among investor-owned utilities. Nonetheless, we are pleased to report that independent hydropower producers comprised a significant portion of the respondents, representing almost 40% of the total participants.
Independent Hydropower Producer
Municipally owned electric utility
Investor owned electric utility
Rural co-operative electric utility