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The World �鶹��Ƶ Outlook, a flagship annual publication by �鶹��Ƶ, tracks and directs the progress of hydropower development globally against net zero pathways. Drawing upon exclusive new development insights from �鶹��Ƶ’s global database, it features in-depth analysis of hydropower’s growth trajectory. The report highlights policy and financial investment challenges and examples of good progress.

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• Global hydropower capacity grew by 24.6GW in 2024, including 16.2GW of conventional hydropower and 8.4GW of pumped storage hydropower.
• �鶹��Ƶ remains the world’s largest source of renewable electricity, supplying 14.3% of global power and supporting power system flexibility in more than 150 countries.
• The global hydropower development pipeline now exceeds 1,075GW, including 600GW of pumped storage and 475GW of conventional projects.
• China continues to dominate global hydropower development, with 14.4GW of new capacity added in 2024, including 7.75GW of PSH.
• Africa more than doubles the previous three years’ development, commissioning 4.5GW of new hydropower capacity in 2024.
• Europe saw a decade-high 680TWh in hydropower generation supported by strong rainfall, while EU and national policy measures drive momentum for pumped storage.

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