Why Charlotte

• Hydroelectric power dates back to 1898 in the U.S. State of North Carolina and is its original renewable generating technology.
• According to the U.S. Energy Information Administration, hydroelectric power is the second-largest source of renewable electricity in North Carolina and accounted for about 5% of the state’s total generation in 2020.
• Most of North Carolina’s about 40 utility-scale hydroelectric dams with about 2,000 MW of generating capacity are found in the mountainous area in the western two-thirds of the state

• Hydropower capacity will need to double by 2050 to hit Net Zero Emission goals
• Over 1,300GW of NEW hydropower capacity will be needed by 2050
• More than 500GW of hydropower installations are in the pipeline worldwide
• Renewable energy sources, especially hydropower, will be the locomotive of carbon-free policy
• Hydropower represents around 16% of global electricity production, more than all other renewables combined 
• Hydropower avoids up to four billion tonnes of additional GHG emissions annually 
• By 2030, over half the world’s existing hydropower capacity is expected to have undergone, or be due for, modernization, bringing in new and smarter technologies

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