Hydropower Market in Europe Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Europe Hydropower Market is segmented by type (large hydropower, small hydropower, and pumped storage) and geography (Russia, Norway, France, Italy, and the Rest of Europe). The report offers the installed capacity and forecasts for the European hydropower market in Gigawatts (GW) for all the above segments.

Hydropower Market in Europe Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Hydropower Market Size

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Europe Hydropower Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 1.00 %
Market Concentration Low

Major Players

Europe Hydropower Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Hydropower Market Analysis

The Europe Hydropower Market is expected to register a CAGR of greater than 1% during the forecast period.

In 2020, COVID-19 negatively impacted the market. Presently, the market has reached pre-pandemic levels.

  • Over the next five to ten years, the market will likely be driven by investments in hydropower plants and the demand for renewable energy.
  • On the other hand, the growth of the market is likely to be slowed by the high initial cost of building.
  • Nevertheless, countries in the region focus on reducing their carbon emissions under the Paris climate accord, and hydropower is considered among the major proponents of the transition. This is expected to provide opportunities to the market players.
  • Russia is expected to have the largest hydropower market in the region because it is investing more in the sector and has the most hydropower energy already in place.

Europe Hydropower Industry Overview

The European hydropower market is partially fragmented. Some of the key players in this market (in no particular order) include Electricite de France SA, Andritz AG, PJSC RusHydro, Statkraft AS, and Enel Green Power S.p.A.

Europe Hydropower Market Leaders

  1. Electricite de France SA

  2. Andritz AG

  3. PJSC RusHydro

  4. Statkraft AS

  5. Enel Green Power S.p.A.

  6. *Disclaimer: Major Players sorted in no particular order
Europe Hydropower Market Concentration
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Europe Hydropower Market News

  • September 2022: The French Energy Regulation Commission (CRE) permitted it to sign a contract with EDF for the sale of electricity produced by a new run-of-river hydropower station with a capacity of 2.9 MW that is to be built on the Inini River at Saut-Sonnelle, in the town of Maripa-Soula. The offtake contract covers 30 years from the commissioning of the facility, which is scheduled for 2026.
  • May 2022: Cruachan Power Station will get a USD 607 million investment from Drax Group PLC. The business intended to increase the Cruachan power station's hydroelectric capacity by 600 MW with underground pumped storage. By 2030, the business wants to increase the capacity of the Cruachan complex, and construction will start in 2024. In order to accommodate the power plant and associated infrastructure, the company's plans include hollowing out a cavern in Ben Cruachan and excavating almost two million tons of rock.

Europe Hydropower Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Hydropower Installed Capacity and Forecast in GW, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Large Hydropower
    • 5.1.2 Small Hydropower
    • 5.1.3 Pumped Storage
  • 5.2 Geography
    • 5.2.1 Russia
    • 5.2.2 Norway
    • 5.2.3 France
    • 5.2.4 Italy
    • 5.2.5 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Electricite de France SA
    • 6.3.2 Andritz AG
    • 6.3.3 PJSC RusHydro
    • 6.3.4 Statkraft AS
    • 6.3.5 Enel Green Power S.p.A.
    • 6.3.6 Bechtel Corporation
    • 6.3.7 General Electric Company
    • 6.3.8 Voith Hydro
    • 6.3.9 Agder Energi SA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Europe Hydropower Industry Segmentation

Hydropower, also called hydroelectric power, is a renewable energy source that changes the natural flow of a river or other body of water with a diversion or dam.

Europe's hydropower market is segmented by type and geography. By type, the market is segmented into large hydropower, small hydropower, and pumped storage. The report also covers the size and forecasts of the power market across major countries in the region. For each segment, the market sizing and forecasts have been done based on installed capacity in gigawatts (GW).

Type Large Hydropower
Small Hydropower
Pumped Storage
Geography Russia
Norway
France
Italy
Rest of Europe
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Europe Hydropower Market Research FAQs

What is the current Europe Hydropower Market size?

The Europe Hydropower Market is projected to register a CAGR of greater than 1% during the forecast period (2025-2030)

Who are the key players in Europe Hydropower Market?

Electricite de France SA, Andritz AG, PJSC RusHydro, Statkraft AS and Enel Green Power S.p.A. are the major companies operating in the Europe Hydropower Market.

What years does this Europe Hydropower Market cover?

The report covers the Europe Hydropower Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Hydropower Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Hydro energy in Europe Industry Report

Statistics for the 2025 Europe Hydropower market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Hydropower analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.